ISIS turns to selling FISH as air strikes obliterate oil fields
29.04.2016 17:01
The so-called caliphate is having to open fish farms and car dealerships as UK air strikes cut off their lucrative oil industry.
ISIS reportedly makes around £2billion every year with most of that coming from oil and gas sales from Iraq and Syria.
But after US-led strikes annihilated the reserves, it has now resorted to using fish farms – and imposing taxes on chickens.
The war-crazed group – also called Daesh – is also earning millions of dollars a month running car dealerships in Iraq.
Judge Jabbar Abid al-Huchaimi said in a report: "The terrorists' current financing mechanism has changed in the past two years.
"After the armed forces took control of several oil fields Daesh devised non-traditional ways of paying its fighters and financing its activities."
The report which quotes the Iraqi judge, revealed the sick group is using the northern Baghdad province as its "financial centre."
Fish farms have given terror group al-Qaida income since 2007 and is now a new source of finance for ISIS, according to the report.
The jihadis also tax agricultural land and have imposed a 10 per cent on a range of imports to their territory, the report added.
The Iraqi judge said: "Recently there has been reliance on agricultural lands in areas outside the control of the [Iraqi] security forces through taxes imposed on farmers.
"In the recent period, Daesh has gone back to using government factories in the areas it controls – like Mosul – for financial returns."
The Iraqi report described how funds were funnelled to Bayt al-Mal, the group's finance ministry, in Mosul and then distributed to its provinces.
(dailystar.co.uk)
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