in the local economy and providing employment for the local population.
South Park (on the Comedy Network) also profited from the Somali pirates by having a show about them. (in fact I think they did 2 episodes)
So does this mean if ill gotten gains help garner more gains that piracy will come to an end? Or will others seek to quickly enrich themselves in similar fashion, seeing no downside to it?
Kenya may be the most attractive spot for pirates to launder their money because it shares a roughly 500-mile (800-kilometer) border with Somalia and has investment opportunities and a large Somali community of up to 200,000 people, Mutua said.
In a neighborhood of Nairobi now called "Little Mogadishu" because of its Somali community, large business and apartment buildings have sprung up. A similar explosion of real estate development can be seen in higher-income areas of the city.
Somali pirates have been paid more than $100 million in ransoms the last two years, said Roger Middleton, a piracy expert at the London-based think tank Chatham House. The average ransom is also up, from $1 million per vessel a year ago to about $2 million today.