You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Terror Networks
Washington: ISIL Receives $40 Billion per Month from Oil Revenues
2015-07-25
[ALMANAR.LB] US Undersecretary of the Treasury for Counter-terrorism Daniel Glaser said that the so-called 'Islamic State
...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allah around with every other sentence, but to hear the pols talk they're not really Moslems....
of Iraq and the Levant' (ISIL) takfiri
...an adherent of takfir wal hijra, an offshoot of Salafism that regards everybody who doesn't agree with them as apostates who most be killed...
group receives a monthly amount of $40 billion from oil-related sales after extraction from areas under its control.

During his speech in the security forum in Colorado state, Glaser made it clear that a real "treasure" of special information about fundraising of ISIL were obtained following the murder of ISIL leader responsible for oil and gas trade in north Syria last May, Abu Sayyaf
...also known as al-Harakat al-Islamiyya, an Islamist terror group based in Jolo, Basilan and Zamboanga. Since its inception in the early 1990s, the group has carried out bombings, kidnappings, murders, head choppings, and extortion in their uniquely Islamic attempt to set up an independent Moslem province in the Philippines. Abu Sayyaf forces probably number less than 300 cadres. The group is closely allied with remnants of Indonesia's Jemaah Islamiya and has loose ties with MILF and MNLF who sometimes provide cannon fodder...
.

Noting that ISIL murderous Moslems receive a monthly salary of $1000, the American official said that the terrorist group had seized a cash flow between $500 million to a billion dollars, following the seizure of djinn-infested Mosul
... the home of a particularly ferocious and hairy djinn...
province in Iraq.

Previous statements by US officials revealed that following ISIL control over Mosul, the group seized bank assets estimated by $430 million.
Posted by:Fred

#7  Forty BILLION dollars? I don't think so...


Posted by: Raj   2015-07-25 12:31  

#6  Sorry, should have ran the numbers earlier, but $40b per month, w/ WTI at $48.14 / barrel, ISIL is moving 27.696 million barrels of oil every day? Are the Saudis moving that much oil a day? Not even close. Obvious bullshit now.
Posted by: Raj   2015-07-25 11:17  

#5  A decade ago Treasury provided the world most of the superior intel on terrorist funding. Today, their bozo reports crap and in doing so indicates just how low the Department has sunk.
Posted by: Clyde Borgia7976   2015-07-25 09:17  

#4  Well, does it say anywhere, it's oil revenues from ISIL controlled territories?
Posted by: g(r)omgoru   2015-07-25 04:47  

#3  Someone is moving a significant amount of crude oil at $25 to $50 USD per barrel. I tend to agree with Raj. $40 billion per month seems a tad high.
Posted by: Besoeker   2015-07-25 02:17  

#2  I call bullshit...
Posted by: Raj   2015-07-25 00:33  

#1  Is the Iraqi government in Baghdad still paying the salaries of its officials in IS-occupied Mosul?
Posted by: Anguper Hupomosing9418    2015-07-25 00:13  

00:00