Saturday, April 11, 2009

Is Being a Somali Pirate Profitable?

Pirates in a speedboat approach their mother ship off Eyl in Somalia

Pirate Commander: 'How I Made My Fortune' -- SKY News

As bandits continue to terrorise shipping off the coast of Somalia, a pirate has claimed he was forced into a life of crime - but has made a fortune from it.

Speaking before the kidnapping of US sea captain Richard Phillips, Yassin Dheere said he had lost track of the money he has made since taking to piracy five years ago.

The 39-year-old, dressed in expensive-looking traditional robes and holding an AK-47, said he was born in a notorious pirate stronghold in Somalia.

"I was born in Eyl town and I used to be a fisherman," he told the Reuters news agency.

"I was forced to hijack foreign ships after the central government collapsed.

Read more ....

More News On Somali Pirates

"I'm a successful Somali pirate" -- Reuters
Somali pirates "smell money" as good times return -- Reuters

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