Good news: Islamic State has received $6.9 billion in money transfers through Iraqi banks

Good news: Islamic State has received $6.9 billion in money transfers through Iraqi banks

The Islamic State received $6.9 billion in funds in recent money transfers through banks in Iraq, according to the Finance Committee of the Iraqi Parliament.

Companies were able to transfer the monies from the main banks in Iraq to banks in the regions controlled by the Islamic State despite the supposedly strict security measures the Iraqi government says it has taken in order to stranglehold the terror organization militarily and financially.

A member of the committee, Haitham El-Jabouri, told Al Araby Al Jadeed, a UK-based news outlet, the committee made requests to the banks to provide them with the names of the companies that sent the monies, but the requests were refused.

However, members of the committee succeeded via alternative sources to obtain the names of the banks as well as the companies transferring the money.

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