Nineveh governor Atheel al-Nujaifi confirmed Kurdish televison reports that Isis militants had stolen millions from numerous banks across Mosul. A large quantity of gold bullion is also believed to have been stolen.
Following the siege of the country's second city, the bounty collected by the group has left it richer than al-Qaeda itself and as wealthy as small nations such as Tonga, Kiribati, the Marshall Islands and the Falkland Islands.
The financial assets that Isis now possess are likely to worsen the Iraqi governement's struggle to defeat the insurgency, which is aimed at creating an Islamic state across the Syrian-Iraqi border. (Continue Reading.)
Thursday, June 12, 2014
Jihadists in Iraq Seize Nearly Half a Billion Dollars from Banks
Remember when Obama took office and traveled to Cairo to show us that, if we simply praise Islam, jihadists will lay down their weapons and embrace us, in accordance with the clear teachings of Islam? Here we are, just a few years later. How's that hope and change working out for the world?
Posted by David Wood at 3:10 PM
There wasn't a single muslim on planet earth who didnt claim the only reason america invaded Iraq was for oil and money.
Well , 1.7 trillion dollars and 4486 american men and women lives later not to mention the 30 000 injured american soldiers it seems Islamic propaganda , much like their Quran , has been proved false
It does however seem that evidence rather points towards Muhammad's army being the pilfering bandits like their prophet was.
However , seeing that its muslims stealing from muslims perhaps its viewed in a different light.
The same Islamic approach is taken when 1 muslim is killed by an american drone compared to 1000's of muslims dying at the hands of islamic suicide bombers, go figure
Somehow the books just don't balance in Islam which is why it is not difficult to see why muslims across the world use the incomprehensible Quran and haddiths to guide their moral standards
If I was a young Muslim, I would be fighting or wanting to fight alongside ISIS.
These guys are the real deal, they are trying to establish their religion, every Muslims wet dream. The second coming of the Caliphate
@ Doug Zembiec
Not only muslim, all ppl in the world (but some idiots who voted bush twice)
i think USA will use neutron BOMB (again?) this time.
or ask poutine, he had some results with Chechnya
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