An estimated $150 million was destroyed at a house in Mosul after security forces received intelligence about where the money was stored in the house before carrying out a strike.
Source/Credit: The Daily Beast
By BBC | April 26, 2016
The United States has repeatedly targeted ISIS funds in airstrikes and has destroyed between $500 million and $800 million of the group’s money, a U.S. official said.
Major Gen. Peter Gersten told reporters the strategy to target the extremists’ stashed money has helped lead to a 90 percent increase in defections and a drop in new recruits.
Gersten, the deputy commander for operations and intelligence for the U.S.-led operation against ISIS in Baghdad, didn’t specify how the U.S. knew how much money had been destroyed.
He gave an example that an estimated $150 million was destroyed at a house in Mosul. Security forces received intelligence about where the money was stored in the house before carrying out a strike.
Though it’s unclear exactly how much money ISIS has, the U.S. Treasury has described the group as “the best-funded terrorist organization” it had encountered.
[More at BBC site ...]
Read original post here: Syria: Up to $800m of Islamic State funds 'destroyed by strikes'
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