Recommended

No Payday for ISIS!

Credit :

 A senior defense official revealed Thursday that the U.S.-led air coalition against ISIS has incinerated an estimated $500 million worth of the terror group's slush fund, seriously hampering the group's ability to pay existing fighters and attract new ones.

The official who asked not to be named in a USA Today report said the coalition has been targeting ISIS's large stores of cash, held mostly in U.S. dollars in warehouses and distribution sights for about 15 months now. He said the coalition estimated they may have destroyed up to $1.3 billion but felt $500 million was the most plausible estimate. The coalition has also managed to slash oil revenues of ISIS by an estimated 50 percent.

Read more at http://www.christianpost.com/news/u-s-led-coalition-isis-cash-pay-terrorists-162399/#UXKs253OZvcjM63v.99

Get Our Latest News for FREE

Subscribe to get daily/weekly email with the top stories (plus special offers!) from The Christian Post. Be the first to know.

Was this article helpful?

Help keep The Christian Post free for everyone.

By making a recurring donation or a one-time donation of any amount, you're helping to keep CP's articles free and accessible for everyone.

We’re sorry to hear that.

Hope you’ll give us another try and check out some other articles. Return to homepage.

Most Popular

More Articles