How the misuse of SWIFT MT 202 is fuelling financial crime
/The September 11, 2001 terrorist attacks on the United States could be one of the most redefining moments of the 21st century as the chain of events which followed still has a significant impact on our daily lives today. Airplane hijackings are not a new phenomenon as the first one recorded occurred on February 21, 1931 in Arequipa, Peru. Since 1931 there have been dozens of hijackings across the globe, therefore some would argue that there was a tremendous security gap in the airline industry which could have been addressed prior to 9/11. Implementing the type of airport security we have today may have been perceived as cost prohibitive prior to 9/11, yet who would have ever thought that someone would be capable of using a passenger plane as a missile? While crashing planes as a means of destruction is not a new concept, as this was done by the Japanese Kamikaze in World War II, it seems that our moral integrity could not conceive of using a passenger plane with innocent civilians on it to attack another civilian site.
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