Lack of money may decide the fate of ISIS

[k98nights]

Lack of money may decide the fate of ISIS

December 11, 2014 by Amre Sarhan

A general view from an ISIS seized area showing what appears to be a court.

(IraqiNews.com) On Wednesday, the international Rai al-Youm newspaper quoted the terrorism expert, Charles Brisard, saying the ISIS group lacks money despite holding assets worth more than $2 trillion.

Charles Brisard, a consultant on business intelligence and expert on terrorist financing, estimated the wealth of the ISIS organization at more than $2 trillion, but added the ISIS militants may lose the war as they do not have enough money to run the entire territory they have seized.

Brisard indicates that the cost to run all aspects of an administration, including paying the militants, schools, hospitals, maintaining roads, water networks and electricity, is far beyond the reach of the ISIS group militants.

He also believes that Iraq’s Sunni tribal leaders are the ones who will decide the fate of ISIS, as happened in 2006 and 2007, when they helped the USA in the fight against al-Qaeda in Iraq. “That means there will probably come a time when the population could turn against the Islamic State,” Brisard said.

Noteworthy, ISIS makes about $2.9 billion a year, much of it from selling oil and gas in the black market, and farming projects within the territories it controls, according to the ‘Thompson Reuters’ report.

“About 12 percent of the organization’s total income comes from extortion as ISIS militants receive about $30 million a month, which comes mostly from ransoms,” said the report.

http://www.iraqinews.com/iraq-war/lack-money-may-decide-fate-isis/

[uncirculd]

Hmm, their feeling the squeeze.   Now if the leaders that are like maliki in these oppressed countries would stop buying from them,   i.e. (IRAN) etc,  maybe they would go broke.   Kind of like fast and furious, but the drugs and money keeps flowing here.  Corrupt, lawless leaders are taking over.  Who will stand for righteousness and goodness?    We are about to find out in the near future.  

[Laid Back]

Cut all the financing and ISIS will fade.!!

Go security

Go justice

Go troops on the ground

Go Iraq, Go strong

[Geck]

Locate their families in the allied nations to the fourth degree, lock them up and nationalise their assets.

Let's take the fight to them. Tighten them all up... The cowardly motherlovers.

[Tirebiter]

Lack of money may decide the fate of ISISDecember 11, 2014 by Amre SarhanA general view from an ISIS seized area showing what appears to be a court.(IraqiNews.com) On Wednesday, the international Rai al-Youm newspaper quoted the terrorism expert, Charles Brisard, saying the ISIS group lacks money despite holding assets worth more than $2 trillion.Charles Brisard, a consultant on business intelligence and expert on terrorist financing, estimated the wealth of the ISIS organization at more than $2 trillion, but added the ISIS militants may lose the war as they do not have enough money to run the entire territory they have seized.Brisard indicates that the cost to run all aspects of an administration, including paying the militants, schools, hospitals, maintaining roads, water networks and electricity, is far beyond the reach of the ISIS group militants.He also believes that Iraq’s Sunni tribal leaders are the ones who will decide the fate of ISIS, as happened in 2006 and 2007, when they helped the USA in the fight against al-Qaeda in Iraq. “That means there will probably come a time when the population could turn against the Islamic State,” Brisard said.Noteworthy, ISIS makes about $2.9 billion a year, much of it from selling oil and gas in the black market, and farming projects within the territories it controls, according to the ‘Thompson Reuters’ report.“About 12 percent of the organization’s total income comes from extortion as ISIS militants receive about $30 million a month, which comes mostly from ransoms,” said the report.http://www.iraqinews.com/iraq-war/lack-money-may-decide-fate-isis/

Thanks for the article. I find it interesting there is such a huge black market for oil. Who is buying it? Cut off the head of the purchaser and they lose a bunch of their funding.

[new york kevin]

Great article. Thanks. Keep it up.

[Nelg]

ISC (Islamic State Cowards) are run by criminals, murders, and rapists who do not care one wit for the people the are trying to rule, nor those who are serving under their "vial leadership." The trillions they have the leadership will keep and "redirect" the monies into their own bank accounts.  What do you expect from thieves?  ISC will remain the aggressors as long as the cash comes in. . . they win when their coffers are full.  They really don't care how they get the money.  They take from the poor and the wealthy.  Again, what do we expect from crooks?  

[sandfly]

TAKE THERE MONEY THANKS

[djgabrielie]

Thanks for your thanks sand flea.