Brian4Liberty
01-19-2016, 03:15 PM
Here's footage from a US-led airstrike that sent millions of dollars of ISIS' cash up in flames (http://www.businessinsider.com/r-isis-video-shows-destruction-from-us-airstrike-on-mosul-bank-2016-1)
By Amanda Macias - Jan. 15, 2016
US-led coalition airstrikes against the Islamic State (aka ISIS, ISIL, and Daesh) on January 11 destroyed a cash-distribution center and two command centers near Mosul, Iraq.
Targeting ISIS' finances remains a key part of Operation Inherent Resolve, the name of the Combined Joint Task Force's mission to eliminate the terrorist group.
The building stocked with ISIS' cash was destroyed by two 2,000-pound bombs, CNN reported, citing an unnamed US defense official.
ISIS also finances its operations through oil smuggling, racketeering, kidnapping, and taxing those residing inside its so-called caliphate in Syria and Iraq.
Last year Iraq's finance minister said ISIS militants looted nearly half a billion dollars from banks in Mosul, Tikrit, and Baiji, Reuters reports.
...
http://www.businessinsider.com/r-isis-video-shows-destruction-from-us-airstrike-on-mosul-bank-2016-1
Ironically, the same website said that the rumors of ISIS emptying the banks were false...
Iraqi Bankers Say ISIS Never Stole $430 Million From Mosul Banks (http://www.businessinsider.com/isis-never-stole-430-million-from-banks-2014-7)
By Jeremy Bender - Jul. 17, 2014, 10:49 AM 12,106 9
Iraqi bankers says ISIS militants never stole $430 million from banks in Mosul, Borzou Daragahi of the Financial Times reports.
The internet had been saturated with rumors since ISIS captured Mosul that the militant group raided the city's financial institutions and stole close to $430 million.
Iraqi officials, including prominent former exile Ahmed Chalabi, have been cited in international media detailing the heist and lending credence to the story.
However, according to Iraqi bankers, this story still remains unconfirmed and unlikely.
“Nobody until now has confirmed that story,” Atheel al-Nujaifi, governor of Nineveh province which includes Mosul, told the Financial Times.
Alaa Karam Allah, the CEO of Iraq's United Bank for Investment, corroborated that view. According to Allah, the bank's branch in Mosul continued to work normally and had not suffered any assault.
"Not a single center had been stolen from the bank. Isis never put a hand on the money," Talal Ibrahim, the executive director of the private Union Bank of Iraq, told the Financial Times.
Banks in Mosul reportedly remain open and are guarded by their own private security forces.
Tellingly, ISIS itself has never claimed to have seized money from any institution in the city. ISIS has bragged, though, of its seizure of millions of dollars worth of US military equipment from the Iraqi military after it fled the city.
...
More: http://www.businessinsider.com/isis-never-stole-430-million-from-banks-2014-7
By Amanda Macias - Jan. 15, 2016
US-led coalition airstrikes against the Islamic State (aka ISIS, ISIL, and Daesh) on January 11 destroyed a cash-distribution center and two command centers near Mosul, Iraq.
Targeting ISIS' finances remains a key part of Operation Inherent Resolve, the name of the Combined Joint Task Force's mission to eliminate the terrorist group.
The building stocked with ISIS' cash was destroyed by two 2,000-pound bombs, CNN reported, citing an unnamed US defense official.
ISIS also finances its operations through oil smuggling, racketeering, kidnapping, and taxing those residing inside its so-called caliphate in Syria and Iraq.
Last year Iraq's finance minister said ISIS militants looted nearly half a billion dollars from banks in Mosul, Tikrit, and Baiji, Reuters reports.
...
http://www.businessinsider.com/r-isis-video-shows-destruction-from-us-airstrike-on-mosul-bank-2016-1
Ironically, the same website said that the rumors of ISIS emptying the banks were false...
Iraqi Bankers Say ISIS Never Stole $430 Million From Mosul Banks (http://www.businessinsider.com/isis-never-stole-430-million-from-banks-2014-7)
By Jeremy Bender - Jul. 17, 2014, 10:49 AM 12,106 9
Iraqi bankers says ISIS militants never stole $430 million from banks in Mosul, Borzou Daragahi of the Financial Times reports.
The internet had been saturated with rumors since ISIS captured Mosul that the militant group raided the city's financial institutions and stole close to $430 million.
Iraqi officials, including prominent former exile Ahmed Chalabi, have been cited in international media detailing the heist and lending credence to the story.
However, according to Iraqi bankers, this story still remains unconfirmed and unlikely.
“Nobody until now has confirmed that story,” Atheel al-Nujaifi, governor of Nineveh province which includes Mosul, told the Financial Times.
Alaa Karam Allah, the CEO of Iraq's United Bank for Investment, corroborated that view. According to Allah, the bank's branch in Mosul continued to work normally and had not suffered any assault.
"Not a single center had been stolen from the bank. Isis never put a hand on the money," Talal Ibrahim, the executive director of the private Union Bank of Iraq, told the Financial Times.
Banks in Mosul reportedly remain open and are guarded by their own private security forces.
Tellingly, ISIS itself has never claimed to have seized money from any institution in the city. ISIS has bragged, though, of its seizure of millions of dollars worth of US military equipment from the Iraqi military after it fled the city.
...
More: http://www.businessinsider.com/isis-never-stole-430-million-from-banks-2014-7