Chasing the Somali piracy money trail

Piracy off the coast of Somalia has made many people very rich. A new economy has developed both within Somalia and further afield, as security companies, lawyers and negotiators reap huge profits from their involvement. But finding out what happens to the money delivered as ransom payments is doubly difficult, first because piracy is a transnational crime, and second because Somalia is a country without rules, regulations or a functioning government.