‘Millions’ in ISIS cash destroyed in U.S. airstrike

Two 2,000-pound bombs struck a facility, destroying 'millions' of dollars worth of cash from oil, looting and extortion

Published: Updated:
Read Mode
100% Font Size
1 min read

A U.S.-led coalition air strike has destroyed a cash storage facility used by ISIS militants in the Iraqi city of Mosul, a U.S. defense official said Monday.

Two 2,000-pound bombs struck the facility, destroying "millions" of dollars worth of cash, the official told Agence France-Presse, speaking on condition of anonymity.

"We estimate in the millions of dollars... from all their illicit stuff: oil, looting, extortion," the official said. The strike came early Monday.

CNN, which first reported the strike, said the U.S. military believed between five and seven civilians had been killed.

The U.S.-led coalition carrying out plane and drone strikes against ISIS in Iraq and Syria has been increasingly targeting the militants' money-making capabilities, including by bombing trucks that ferry illicit oil across Syria.

Under pressure from critics who say the campaign is moving too slowly, the Pentagon has indicated it would consider a wider array of targets even if these might cause civilian deaths, provided these attacks yield significant gains against the jihadists.

The defense official said the coalition had targeted cash-holding facilities once or twice in the past year, but the most recent action was "probably" the biggest to date.

It was not immediately clear if the money had been in U.S. dollars, some other foreign currency, or local dinars, the official added.

Top Content Trending