ABSTRACT

This chapter provides a brief history about Lashkar-e-Taiba (LeT), including its ideology, organization, training, and operations. It focuses on LeT finances: its primary funding sources, methods of moving money, and trends in spending. The chapter presents a brief case study of the 2008 Mumbai terror attacks. It examines the counter measures initiated by various actors, weaknesses in the present response, recommendations, and conclusions. The chapter provides some recommendations for how international and Indian combat the financing of terrorists (CFT) systems could be enhanced to constrict this lifeblood for LeT. Abubakar Siddique argues that LeT was able to expand quickly and launch jihad in the contested area of Himalayan Kashmir in the 1990s because it had been encouraged by Pakistan's army to do so. LeT moves money through traditional banks, hawala, and cash couriers. Moving money through banks via the account number displayed on the group's website has proved to be the safest method for LeT.