, an anti-money laundering organisation based in Paris. South Africa has long been considered a conduit for terrorism funds and several previous international plots had links back to the country, said Raffaello Pantucci of the Royal United Services Institute. Its position as Africa's most industrialised and financially developed market, is combined with organised crime links and corruption. He said: 'It's well-functioning economically, which makes it quite a good place for stuff to be laundered through. It's a nice balance of being stable and having things that work, but at the same time being corruptible.' Thailand had once had a similar reputation, but had begun to clean itself up. The spread of IS in Africa South Africa also attracts large numbers of migrants seeking work from across the continent and has many formal and informal remittance and money transfer networks for them to send money home. South African security forces have also been accused of becoming compl){kind=link}
A growing number of individuals and businesses are being placed on international sanctions lists because of links to terrorism
Farhad Hoomer insists he is an honest businessman making a living selling jewellery and dabbling in property in South Africa’s port city of Durban.
The 47-year-old father-of-nine told The Sunday Telegraph he makes his money from “working hard by finding old, discarded jewellery and creating new pieces”.
The United States, however, insists his business dealings are more sinister. They allege he is instead a dangerous terrorist ringleader, raising and directing funds for Islamic State (IS) group cells across Africa.
For Western counter terrorism officials, Mr Hoomer is typical of a threat that has made the popular holiday and safari destination into a terror financing hub for the continent.