Pirates to receive millions in ransom

deepak pace

DJ_DEE
Pirates to receive millions in ransom for release of arms ship

SHINGTON (CNN) -- Pirates holding a ship full of tanks and ammunition off the coast of Somalia are likely to be paid millions of dollars in ransom within days, senior U.S. military officials said.

Somali pirates holding the MV Faina stand guard on the merchant vessel's deck on October 19.
The pirates have been holding the Ukrainian-operated, Belize-flagged MV Faina and its 20-person crew in the Gulf of Aden since September 25.
Military officials said the cash payment will be brought on the ship, directly to the pirates. Such a procedure is common because of the lack of electronic banking in Somalia.
The officials would not say how much ransom is being paid or who is paying it because it would be up to the individuals or company to make that announcement.
What's known is that the pirates originally asked for a $35 million ransom, but lowered their demand to $20 million, Andrew Mwangura of the Kenya Seafarers Association told CNN in November.
The ship is laden with Soviet-era tanks, tank artillery shells, grenade launchers and small arms.
The merchant vessel was heading for Kenya, whose government had bought the weapons from Ukraine, Ukrainian Defense Minister Yuri Yekhanurov said, according to the Interfax-Ukraine news agency.
Officials said a ransom was close to being paid to the pirates weeks ago, but it did not come through and the merchant vessel remained under control of the hijackers.
 
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