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How ISIS War Chest May Be $2B and Growing
NBC News ^ | June 16, 2014

Posted on 06/16/2014 6:13:08 PM PDT by 2ndDivisionVet

The jihadist terror group Islamic State of Iraq and al-Sham has become a powerful military force, wreaking havoc throughout Iraq. But ISIS is more powerful than just its estimated 10,000 fighters and ever-expanding weapons cache: It is also believed to control $2 billion in total assets.

The Guardian reports that the group, whose actions in Iraq could derail the world economy, began its sizable cash reserves with the acquisition of oilfields in eastern Syria. From there, ISIS grew its treasury by smuggling antiquities and resources out of the embattled state. The Guardian said the details were discovered from a trove of flash drives acquired by Iraqi officials less than two days before ISIS conquered Mosul—Iraq's second largest city.

(VIDEO-AT-LINK)

Despite the vast riches detailed on the drives, the group's real windfall came after it took Mosul. After seizing its banks, weapons, and resources, ISIS's total assets reached a staggering sum....

(Excerpt) Read more at nbcnews.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Syria; War on Terror
KEYWORDS: alqaeda; iran; iraq; isis; jordan; kurdistan; syria; turkey

1 posted on 06/16/2014 6:13:08 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

They have got to be confident in Iraq, because from what I’m seeing, they’re moving a lot of the heavy armor they stole back into Syria.


2 posted on 06/16/2014 6:14:32 PM PDT by Viennacon
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To: 2ndDivisionVet

I can imagine that they are receiving funds from all over the Middle East.


3 posted on 06/16/2014 6:15:33 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: 2ndDivisionVet

What’s the price of a Russian Nuke these days?


4 posted on 06/16/2014 6:16:37 PM PDT by Huskrrrr
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To: Huskrrrr

Probably $50-100 million.


5 posted on 06/16/2014 6:17:46 PM PDT by 2ndDivisionVet (I will raise $2Million USD for Cruz and/or Palin's next run, what will you do?)
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To: 2ndDivisionVet

...going just planned by Clown Prince nobama & the saudi’s.


6 posted on 06/16/2014 6:24:48 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: 2ndDivisionVet

I wonder how much and what US weaponry that was in Libya is now in ISIS hands. If so, it probably went from Libya to Syria to Iraq.

We have done a poor job safeguarding our stuff.


7 posted on 06/16/2014 6:36:50 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: 2ndDivisionVet

Lessay Obama is a TOTAL ANGEL, but you were Prez and desired to wreck America and banish it’s international influence forever:

WHAT WOULD YOU DO DIFFERENT FROM OBAMA...?


8 posted on 06/16/2014 6:52:52 PM PDT by gaijin
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To: 2ndDivisionVet

Uh, bergdahls back pay contribution?


9 posted on 06/16/2014 6:57:13 PM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
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To: Viennacon
they’re moving a lot of the heavy armor they stole back into Syria.

The US, NATO, and Saudi Arabia have been arming and financing Al Qaeda and ISIS for three years to overthrow the secular government of Syria. Despite this the Syrian Army has been kicking their butts.

Uncle Scam couldn't openly give tanks or other heavy weapons to AL Qaeda in Syria no matter how much John McCain wanted to. The backlash in the military and the public would be huge.

So they arranged this bloody and deadly excursion into Iraq, helped by the complete stand down of the Iraqi Army and the non response by the US, NATO and the UN, to get those weapons into the hands of Al Qaeda so they can take out Assad.

10 posted on 06/16/2014 7:01:17 PM PDT by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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To: 2ndDivisionVet

And what was our intelligence doing while all this was happening? Playing golf with the empty suit in chief?


11 posted on 06/16/2014 7:11:47 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: 2ndDivisionVet

Here’s where the NSA can earn their keep.

Let’s find the funds and steal them.


12 posted on 06/16/2014 7:21:17 PM PDT by MV=PY (The Magic Question: Who's paying for it?)
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To: Count of Monte Fisto

These events will also likely topple the government in Bagdad which may have been something else the Sunni oligarchy - Neocon axis wanted.


13 posted on 06/16/2014 7:31:37 PM PDT by mac_truck ( Aide toi et dieu t aidera)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

> began its sizable cash reserves with the acquisition of oilfields in eastern Syria. From there, ISIS grew its treasury by smuggling antiquities and resources out of the embattled state. The Guardian said the details were discovered from a trove of flash drives acquired by Iraqi officials less than two days before ISIS conquered Mosul...

IOW, the corrupt and bigoted incompetents of the Maliki regime managed to gather intel — riiiiiiiiiiiiiiiiiiiiight. Iranian agitprop ping.


14 posted on 06/22/2014 4:58:31 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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