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Boko Haram terrorism well-financed

| Saturday, May 17, 2014, 9:27 p.m.

PARIS — Boko Haram has ample funds, highly sophisticated weaponry and advanced training with some of the world's most experienced terrorists, the French president said on Saturday as he and African leaders grappled with how to combat the Islamic extremist group whose reach extends to five countries.

Hours after two more attacks in Boko Haram strongholds — one in Nigeria that left a village torched and 40 people dead and another in Cameroon — the leaders agreed to improve policing of frontiers, share intelligence, and trace the weapons and cash that are the group's lifeblood.

At the summit in Paris intended to hammer out a plan to find and free 276 schoolgirls being held hostage by Boko Haram, intelligence officials from the U.S., Europe and Africa shared information while heads of state and top diplomats tackled policy.

“This group is armed, with heavy weapons of an unimaginable sophistication and the ability to use them,” said French President Francois Hollande.

He said the weapons came from chaotic Libya, and the training took place in Mali before the ouster of its al-Qaida linked Islamist leaders. As for the money, Hollande said its origins were murky.

“Boko Haram is acting clearly as an al-Qaida operation,” said Nigerian President Goodluck Jonathan, who had only reluctantly accepted outside help after years of insisting the group was a local problem.

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