War on Isis: Millions in cash destroyed in US air strikes on Daesh warehouse in Iraq

A US air strike has destroyed an Islamic State (Isis) cash storage facility in Iraq containing currencies estimated to be worth millions of dollars. The warehouse, located in the town of Mosul, was pounded by two 2,000-pound bombs although it is not known exactly how much money or which currencies were kept at the compound.

 

“We estimate in the millions of dollars… from all their illicit stuff: oil, looting, extortion,” US defense officials said, adding that more Daesh facilities such as these would be targeted to “take away their [Isis’s] ability to function as a state-like entity”.

 

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