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Air strike in Mosul targeted a storage facility "millions" of money Daash


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Air strike in Mosul targeted a storage facility "millions" of money Daash

      01/11/2016 - 23:20  2016-01-11T23: 20: 03 + 00: 00    
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WASHINGTON (AFP)

US military official said the air strike carried out by the coalition led by the United States Monday destroyed a storage facility used money Daash terrorist organization in the Iraqi city of Mosul.

The official, who asked not to be named, said the two bombs weighing 900 kg landed on the facility, which led to the destruction of money equal to the value of "millions" of dollars, he said, adding "We appreciate the money millions of dollars in value (obtained by the organization) of illegal activities, including the sale of oil and looting and extortion. "

The same source added that al Daash "is forced to conduct all transactions in cash."

He said coalition forces had previously bombed once at least this kind of stores, but the facility bombed Monday is the biggest yet.

Network "CNN" American and coalition forces, was quoted by the bombing may have killed five to seven civilians.

 


First Published: 2016-01-11

 

Air strike in Mosul Islamic state cost millions of dollars

 

A US military official confirms that the raid carried out by the international coalition destroyed the storage facility of funds used by the militant group.

 

Middle East Online

 
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Air strikes dried sources of funding jihadis

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WASHINGTON - US military official said the air strike carried out by the coalition led by the United States Monday destroyed a storage facility used the money to organize the Islamic state in the Iraqi city of Mosul.

The official, who asked not to be named, said the two bombs weighing 900 kg landed on the facility, which led to the destruction of money equal to the value of "millions" of dollars, he said, adding "We appreciate the money millions of dollars in T-obtained by the organization of illegal activities, including the sale of oil, looting and extortion value" .

The militant group and began to lose a lot of strength in Iraq after losing many areas of gray.

A source in the leadership of operations and the desert island Monday edit drunken area northwest of the modern turbine hand to spend the western province of Anbar.

Said Colonel Ahmed Mekhlef "The security forces and tribal liberated drunken area 14 / kilometers northwest of hand turbine and raised the Iraqi flag over a building zone edit region came after clashes between security forces and tribes on the one hand and the organization of the Islamic state on the other hand, killing dozens of members of the organization ".

On the other hand, the statement called for the Joint Special Operations Command and the people of the Sufi Alsjarih in Ramadi to leave the city within an hour for their lives.

He called the people to "go to the military units stationed in the government complex or the nearest military piece after raising white flags.

The areas of Sufism and Alsjarih east of Ramadi waiting for a military operation by Iraqi forces to be implemented to eliminate the militants and bring it back to the bosom of the two areas of the Iraqi state from the grip of the organization of the Islamic state.

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Awesome!! Now that is a great way to reduce the money supply.

Thanks Yota!  Here is a better translated article that is a bit easier to read.

 

 

Monday 11 January 2016 20.15 EST Last modified on Monday 11 January 2016 20.24

Millions' in Isis cash destroyed in airstrike on storage site in Mosul

 

 

   A US-led coalition airstrike has destroyed a cash distribution site used by Islamic State militants in the Iraqi city of Mosul.

“The bulk cash distribution site was used by [isis] to distribute money to fund terrorist activities,” Lieutenant Commander Ben Tisdale, a US spokesman said in a statement.

Two 900kg (2,000lb) bombs struck the facility, destroying “millions” of dollars worth of cash, a Pentagon official told AFP on Monday, speaking on condition of anonymity.

“We estimate in the millions of dollars ... from all their illicit stuff: oil, looting, extortion,” the official said. The bombing took place early on Monday.

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

The US-led coalition carrying out plane and drone strikes against the IS group in Iraq and Syria has been increasingly targeting the jihadists’ 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 Pentagon 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 US dollars, some other foreign currency, or local dinars, the official added.

 

 

http://www.theguardian.com/world/2016/jan/12/us-led-coalition-air-strike-destroys-islamic-state-cash-storage-site-in-mosul

Edited by SocalDinar
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Isis air strikes: Mosul bank hit as coalition targets militants' finances

Video released by group purports to show the destruction from a strike on their northern Iraqi stronghold
     
       

us-air-strike-isis-afp.jpgTargeting Isis's finances has been a key part of the US-led coalition's strategy to defeat the group AFP/Getty Images

Isis has published a video purporting to show the destruction from an air strike on a bank in Mosul, which the U.S.-led coalition said had been aimed at disrupting the group's financing activities.

Reuters could not verify the authenticity of the footage posted by a news agency that supports the militant group, but two residents of the terror group's northern Iraqi stronghold confirmed the location of al-Zuhour bank in an eastern district of the city.

Targeting Isis's finances is a key part of the coalition's strategy to defeat the group. Iraq's finance minister last year said the militants had looted nearly half a billion dollars from banks in Mosul and the other northern cities of Tikrit and Baiji after its lightning dash across the Syrian border in 2014.

 

Papers and burnt furniture littered the concrete and steel rubble of several buildings that appeared to have been destroyed by the bombing, the video showed. Debris hung from dust-covered tree limbs, and rescuers pulled an old man's bloodied body from the remains.

Footage from inside a damaged apartment building suggested civilian areas had also been hit.

A military spokesman said earlier on Monday that a U.S. aircraft had bombed an Isis cash distribution site which was distributing money to fund "terrorist" activities.

 
 

CNN, citing unnamed U.S. defence officials, had said the building was destroyed by two 2,000-pound bombs. The officials could not say exactly how much money was there or in what currency, but one described it as "millions," CNN reported.

Isis, which split off from al Qaeda, has also financed its operations through oil smuggling, racketeering, kidnapping and taxing the millions of people living in areas it controls in Syria and Iraq.

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Dinars Daash reveal figures for the financial losses of $ 3 billion ..


01/16/2016

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BAGHDAD / JD / .. managed by the agency "dinars" economic knowledge of economic and financial losses for Tnazm "Daash" terrorist 0.8 since August 2014 until the end of 2015, which amounted to $ 3 billion.
The researcher said armed groups strategist Hisham al-Hashemi said in an interview for "dinars" that "Daash lost of financial capacity 8 August since 2014 to the end of 2015, an estimated two and a half billion US dollars to three billion," noting that "the loss of Daash included various areas (oil, relics, the sale of arms).
Hashemi said that "Daash oil lost at least $ 2 billion, and the relics of approximately $ 80 million, because of stenosis who got in the transport, post-launch operations by Iraqi forces and the international coalition.
He pointed out that "the organization lost the black market for weapons more than $ 100 million," explaining that "Daash seized weapons areas occupied by such as Mosul, and accounted for 16 cannons estimated price per $ 40 million, and also seized 28 tanks Brambz The one-price ones $ 72 million. "
He added that the terrorist organization sold the 3226 Hummer, seized by the result of the Iraqi invasion to the provinces, noting that "Daash does not use weapons that seizes them, but they sell them to the mafias belonging to the neighboring countries." 
He explained that "Daash lost money grain and agricultural production Hasakah, Deir al-Zour, Syria, because he was traded omitted and sells them," noting that the organization lost laboratories dismantled in Mosul and Anbar. "
It is noted that the proceeds of the "Daash" of Syrian and Iraqi oil smuggling, was up to $ 3 million a day, before the start of the Russian military operation in Syria, but they declined recently to $ 1.5 million. / End / 22 / 
 
 

 

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  01/17/2016    11:27

 

 

Rating Current Rating 5/0

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 Aired US Department of Defense, "Pentagon", on Saturday, a video raid by the US Air Force on the building contains a huge amount of organization "Daash funds," in the city of Mosul, northern Iraq, according to site "CNN Arabic."
 
According to the newspaper "Daily Telegraph" British, video fall bombs on the building and the money flying it appears.
 
Two sources revealed to "the Pentagon:" The strike has using two bombs, each weighing 2000 pounds (about 908 kilograms) which led to the destruction of the entire building, without clarifying the way they have been identified in which the nature of this building.
 
Sources did not disclose the currency, which was inside the building or on the exact amount, but one of the sources said it was "millions", and was used by the organization for payment and fund operations and combatants.
 
It is noteworthy that the United States considered such a strike very sensitive, considering that there are civilians near the building, where the drones kept flying and monitor the site for days in order to determine the most appropriate time for the targeting of who carried out the dawn last Sunday.

Witness the moment of the volatility of the funds belonging to the building after Daash targeted a US raid in Mosul CNNArabic com


Published on Jan 15, 2016

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Yet another way to de-dollarize Iraq, and another way to lower the IQD note count. That will work. Thanks Yota and Adam, and Mods.

I don't think it was us dollars.  They have been printing/minting their own currency.  Who knows.  Maybe a bit of dinars, dollars, and their own.  The problem I have with this is that they have existed this long and have not been cut off of funds, black market purchases, and have been able to commit genocide for about a year.  The US was silent on hitler for some time, and now with another form of Nazism which has been conducting attacks in countries all over the world the most powerful country is pretty much silent again.  Daash is getting a pass for some more cynical plan.   Leaving a vacuum in Iraq contributed to this, and creating a quagmire in Syria because we want 7 countries in 5 years has proven to fuel daash.  The US is showing no leadership either here or abroad, and it's evident all over the world.  We are a weak in leadership and it has to change or the whole world will be a quagmire.

Edited by uncirculd
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I don't think it was us dollars.  They have been printing/minting their own currency.  Who knows.  Maybe a bit of dinars, dollars, and their own.  The problem I have with this is that they have existed this long and have not been cut off of funds, black market purchases, and have been able to commit genocide for about a year.  The US was silent on hitler for some time, and now with another form of Nazism which has been conducting attacks in countries all over the world the most powerful country is pretty much silent again.  Daash is getting a pass for some more cynical plan.   Leaving a vacuum in Iraq contributed to this, and creating a quagmire in Syria because we want 7 countries in 5 years has proven to fuel daash.  The US is showing no leadership either here or abroad, and it's evident all over the world.  We are a weak in leadership and it has to change or the whole world will be a quagmire.

 

I agree with you 110% Uncirculd. Sadder even than that is the fact that this administration and POTUS will keep their head deep in the sand till they are replaced. What will this country and world be like 12 months from now? God help us. 

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Industrial Bank Atatzm reduce loan interest rates to 8%


01/19/2016

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BAGHDAD / Karim Jassim al-Tai / .. revealed Industrial Bank Director Kazem fistula for the determination of the bank to cut interest rates to 8% .fima noted near the opening of new branches of the bank in a number of provinces.  
A fistula in a statement singled out by the agency / JD / economic that the bank has a plan to open new branches during the current year 2016 in the provinces of Kirkuk and Samawa, Diwaniyah, Wasit, Baghdad and Basra, as well as to open a branch in the province of Arbil to serve customers who have projects outside the region.
He stopped Mosul branch as a result of the terrorist operations carried out by criminal gangs Daash.
He added that the bank gives fistula three types of industrial loans for the construction of a project and the purchase of machinery and production lines and the purchase of raw materials.
And the interest of these loans ratio indicated fistula that the bank takes interest during the year accounted for 9% after it was more than 10% in the last year, and we seek to be reduced later to 8% in the light of the potential and Living situation the market, while the interest rate for industrial initiative proportion are identified at 4%, 2% of them to the Central Bank of Iraq and 2% of the bank lender. / End / 22 / 
 
 

 

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Supporters of Daash - EM

 

Twilight News / security source said on Monday evening that the bombing is waged by the international coalition on the banks of the Daash pushed the organization to transfer funds in alternative sites in Mosul.

 

The source told The Twilight News "Daash changed banks sites and the transfer of funds deposited to alternative sites in anticipation of air strikes, such as those carried out by the international coalition a few days ago."

 

The source said a local official and another that "the task entrusted to the senior leader Zulkarnain an Egyptian national, who led the fund-raising car belonging to the organization and transfer of alternative sites."

 

The Daash change a large number of bank employees and asked them to sit at home and accused them of collaborating with the government.

 

International Air Alliance and destroyed a few days before the Rafidain and flowers in central Mosul.

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Mosul Bank for Development and Investment (BMFI) will hold its AGM on Feb. 10, 2016

Mosul Bank for Development and Investment (BMFI) will hold its AGM on Feb. 10, 2016 to discuss and approve 2014 annual financial results. ISX will suspend the trading of BMFI starting Feb. 5, 2016.

Mosul Bank for Development and Investment (BMFI) anounces the conditions of the bank

Mosul Bank for Development and Investment (BMFI) announced that due to the current security situation in Iraq, the bank’s nine branches and three offices stopped working and total loss recorded from these branches was estimated as IQD3.5bn. The bank said that IQD3.5bn loss is a small amount according to the capital of the bank (currently IQD252.5bn). BMFI stated that the bank is continuing to operate normally and the clients who have current accounts are withdrawing and depositing money without any problem.

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(Daash) terrorist executed four employees of the Rasheed Bank in Mosul

 

2016-Jan-29-56ab7ceb040ff.jpg

(Daash) terrorist executed four employees of the Rasheed Bank in Mosul

 

January 29, 2016 17:53

 

Readers Number:37

 

Patriotic Union of Kurdistan in Nineveh province, announced the establishment of the organization (Daash) terrorist, the execution of four employees working in the Rasheed Bank in the city of Mosul, on charges of collaborating with the security services.

  A media official in the Patriotic Union of Kurdistan in Mosul Ghias Alsurja, in a newspaper interview that "the organization (Daash) terrorist by the execution of four employees of the Rasheed Bank in Mosul on charges of collaborating with the security forces, after being bombed Iraqi Air Force aircraft before for the same bank." Alsurja He added that "the four employees were executed by firing squad and their bodies were handed over to the forensic medicine department in the city of Mosul."  

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14-02-2016 03:45 PM

 

Are free -





With the start of the actual preparations for the liberalization of Nineveh province and its city of Mosul from the control of the organization (Daash), Flying international coalition has stepped up air strikes on strongholds of the organization sensitive in the city and its positions. A local source in Mahafezhan 'coalition aircraft stepped up air strikes, finally, on sensitive sites to organize across the province ', noting that' the bombing, last night, the central bank buildings and Rasheed Bank and the bank's real estate and the Bank of Abu Tammam center of the city. " he explained that the 'bombardment resulted in the destruction of those buildings and the killing and wounding many of the elements of the organization.' accuse the international coalition to organize ' Daash 'using huge government buildings in Mosul Kmaqrat him, including presidential palaces and former government departments, banks, tourist resorts and hotels. in addition, the leadership of the international coalition announced,' the implementation of the 17 air strike in Iraq with the participation of offensive combat aircraft and drones. ' showed leadership in a press statement, that 'strikes targeted affiliated sites to Daash in a drunken and Mosul, Sinjar, al-Baghdadi and Habbaniyah and Fallujah and Albouhaah', indicating that 'strikes resulted in the destruction of four rocket launchers and destroyed seven tactical units belonging to the organization, and the destruction of 23 subject combat wheel excavator. " this comes at a time began the actual preparations to launch the battle to liberate the province of Nineveh, which was dominated by the 'Daash' since June 2014. According to a press statement by the Ministry of Defence, the 'commander edit Nineveh, Maj. Gen. Najim al-Jubouri lose rallying area for pieces of the fifteenth infantry Division, the regiment commando operations command Nineveh, to follow up military preparations to launch a war of liberation '. the al-Jubouri, the' preparations going on in full swing, and that the people of Mosul, waiting for us to rescue them from the control of Daash '. on the other hand,' carried organize Daash attack on Makhoul mountains of northern Salahuddin province. " a security source said in the province will not 'organization carried out a rapid attack on the region and clashed with tribal fighters and security forces stationed there', noting that 'the clash lasted about an hour, and resulted in a number of deaths and injuries on both sides. " He stressed that' Daash could not penetrate the block lines the first combat troops, and forced to withdraw. " it is noteworthy that the Iraqi forces began preparing and processing to launch the battle to liberate Mosul, in cooperation and coordination with the leadership of the international coalition, which in turn stressed that the fight will take part in the Kurdish peshmerga fighters and clans Mosul forces.

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Writings
Monday , February 15, 2016
 

 

 

A source in Nineveh province, on Monday, that the 25 billion Iraqi dinars ($ 22 million) belonging to the organization of funds (Daash) burned as a result of the bombing of Flight International Coalition for building the Central Bank and buildings three banks, in the city of Mosul (405 km north of Baghdad). 
He the source said in an interview to the (long-Presse), the 'flight international coalition bombing, yesterday, the central bank building in the right side of the city near the Nineveh governorate building and Rasheed Bank in the right side and bank mortgage Balfaisalah the left side and the Bank of Abu Tammam center of Mosul, killing completely destroyed. " 
the source, who asked not to be named, said: 'Rasheed Bank in Pedal Street, it contains $ 25 billion Iraqi dinars, according to information leaked a few days of bombing before while the other three banks-free', noting that 'the shelling resulted in significant damage by shops adjacent to the banks. "  
the source continued, that" the international coalition aircraft bombed Displacement and migration Department building in Nergal district, left bank ', adding that' this building are free and do not contain anything for the organization, but it was the former headquarters of the Court of Zakat and vacated by the organization for a long time. " 
he was a local source in Nineveh province said on Sunday the (February 15, 2016), the murder of a number of elements of the organization (Daash) fire from coalition aircraft which bombed the Central Bank building and the building of three banks in the city of Mosul (405 km north of Baghdad). 
the organization (Daash) took over the city of Mosul, Nineveh province, (405 km north of Baghdad), in (the tenth of June 2014 the past year), before extending his terrorist activities for many other areas of Iraq, and it commits the 'many violations' promised' crimes against humanity and genocide local and international destinations. "


Amazing they know how much and where it is...


from post #22 and this post...

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