Pirate attacks reach land
A pirate was killed in a hijack attempt earlier this week by an on-board security guard, and Somali pirate attacks are continuing to increase. But the effects of these attacks reach beyond the ocean to land, as piracy has been found to be linked to a housing bubble in Nairobi, Kenya.
Pirates are investing in property as part of their strategy to launder stolen money, and middle class Kenyans are feeling the impact. BBC’s business reporter, Rob Young explains.
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