PIRACY | Slumdog millionaire — the Somali way

Yare abandoned a lucrative trade in khat, a sure-fire route to amassing riches in the Horn of Africa country, when he saw former fishermen getting even richer by piracy.

BOSASSO, Somalia, (Reuters) – Only two years after deciding to join in the piracy rampant off the Somalian coast, Saeed Yare is a dollar multi-millionaire. Leaning against the door of his luxury Toyota Landcruiser, one of the latest models in the seaside town of Bosasso, Yare puffs on a cigarette.

“It is not an easy job being a pirate. You gamble with your life, but I enjoy being a piracy tycoon,” says the slim 27-year-old, dressed in a sharp suit he says is Italian.

“The piracy business is like a presidential seat, you don’t want to give it up once you taste its sweetness. A friend of mine died in the recent navy operation — but he left US$ 1 million!” Yare said, referring to a botched rescue attempt that left four U.S. citizens dead.

Read more at http://www.sundaytimes.lk/110313/Timestwo/t2_15.html

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1 Comment

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One response to “PIRACY | Slumdog millionaire — the Somali way

  1. tony.g

    Saeed Yare, 27, Somalian, pirate, Italian suits, new Toyota landcruiser, Bosasso Somalia, piracy tycoon, smoker. Dead. Thank you for the description.

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