KUALA LUMPUR: Australia and Southeast Asia have joined forces to choke financing for militant networks, Australia’s justice minister said Wednesday, amid recent concerns about the Islamic State (IS) group gaining a foothold in the region.IS militants seized the southern Philippine city of Marawi in May, a move Philippine officials and analysts say was part of the group’s plan to establish a base in the region.

The new alliance aims to disrupt the funding of militant groups through enhanced financial intelligence sharing, Australian Justice Minister Michael Keenan said on Wednesday in Kuala Lumpur, where he is attending a counter-terrorism conference.

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