Bid & Tender
IS Plundered $800m in Cash from Iraq

Date : Aug 11, 2017

The Islamic State group (IS, ISIS, ISIL, Daesh) has reportedly plundered more than $800 million from Iraqi bank facilities and reserves.

 

According to a new report from the Central Bank of Iraq (CBI), the group has taken $101 million and 856.5 billion Iraqi dinars ($727.6 million) from banks in the territory it controlled over the past three years.

 

Although significant, the figure is less than the billions of dollars first estimated.