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ISIS loses $800 mln due to US-led coalition raids on its headquarters

Archival photo.
Archival photo.

(IraqiNews.com) Baghdad – On Wednesday, a US military source revealed, that the so-called ISIS had lost about 800 million dollars due to the air strikes conducted by the US-led international coalition on its headquarters.

The Deputy-Commander of operations and intelligence in the international coalition, Major General Peter Gersten, said in a press statement followed by IraqiNews.com, “The international coalition air strikes targeted ISIS treasuries and caused ISIS financial deficit to increase by 90 percent.”

Gersten continued, “The US forces received intelligence information indicating the presence of a treasury containing 150 million dollars belonging to ISIS inside a house in Mosul,” pointing out that, “The coalition aircraft bombard the house and destructed the treasury.”

“The total devastating amount of money is estimated between 500 and 800 million dollars,” he also added.



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