After stealing $425 million, ISIS is being called the ‘world’s richest terrorist group’


WORLD NEWS

A provincial governor in Iraq says that insurgents from the Islamic State of Iraq and Syria (ISIS) went into Mosul‘s central bank and took off with 500 billion Iraqi dinars, or $425 million.

The Washington Post reports that Atheel al-Nujaifi shared that the militants also took millions from other banks in Mosul, as well as a “large quantity of gold bullion.” With its new fortune, ISIS has more money than several small nations, including Tonga and the Marshall Islands, and can “buy a whole lot of Jihad,” Brown Moses, a regional analyst, wrote on Twitter. “For example, with $425 million, ISIS could pay 60,000 fighters around $600 a month for a year.”

The International Business Times has declared ISIS the “World’s Richest Terror Force,” but as the Post points out, it’s difficult to determine if that’s true — not everyone agrees on which organizations should be labeled “terrorist,”…

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