Tuesday, July 8, 2014

ISIL Assets worth 2 billion dollars

In mid-2014, Iraqi intelligence extracted information from an ISIS operative which revealed that the organization had assets worth $2 billion,[98] making it the richest jihadist group in the world.[99] About three quarters of this sum is represented by assets seized after the group captured Mosul in June 2014, including perhaps US$429 million looted from Mosul's central bank as well as a large quantity of gold bullion.[100] That will "buy a whole lot of Jihad", regional analyst Brown Moses wrote on Twitter, adding, "For example, with $425 million, ISIS could [recruit and] pay 60,000 fighters around $600 a month for a year."[100] Doubt was later cast on whether ISIS were able to retrieve anywhere near this sum from the central bank.[101]
ISIS has routinely practised extortion, by demanding money from truck drivers and threatening to blow up businesses, for example. Robbing banks and gold shops has been another source of income.[102] The group is widely reported as receiving funding from private donors in Gulf states,[103] and both Iran and Iraqi Prime Minister Nouri al-Maliki have accused Saudi Arabia and Qatar of funding ISIS,[104][105][106][107] although there is reportedly no evidence that this is the case.[107][108][109][110]

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Islamic State of Iraq and the Levant - Wikipedia, the free ..

With 2 billion dollars and climbing of assets likely not including tanks, armored vehicles, helicopters and cargo planes captured at Mosul Airport and ransom requests to foreign nations regarding captured foreign nationals like it says above "This buys a lot of Jihad". So, whether there is evidence or not that Rich Saudis and others are supplying financial help or not, at this point financially at least they appear to be the richest terrorist organization on earth with oil wells, refineries, roads, and extortion rackets throughout Syria and Northern and Western Iraq.

 

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