IS Plundered $800m in Cash From Iraq

By John Lee.

The Islamic State group (IS, ISIS, ISIL, Daesh) has reportedly plundered more than $800 million from Iraqi bank facilities and reserves.

According to a new report from the Central Bank of Iraq (CBI), the group has taken $101 million and 856.5 billion Iraqi dinars ($727.6 million) from banks in the territory it controlled over the past three years.

Although significant, the figure is less than the billions of dollars first estimated.

(Source: Newsweek)

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