US says hundreds of millions of dollars destroyed in anti-IS strikes
Feb 19, Washington: Hundreds of millions of dollars are believed to have been destroyed in coalition air strikes targeting cash hoards used to finance the Islamic State group, a US military spokesman has said.
Colonel Steve Warren, the spokesman for the US-led campaign against ISIL said that the Coalition aircraft struck ten more of the cash collection points over the weekend.
He told Pentagon reporters in a video conference from Baghdad that, "We don't have a hard number that we're prepared to release. We believe it is in the hundreds of millions of dollars."
"Obviously it is impossible to burn up every single bill. So presumably they were able to collect a little bit of it back. But we believe it was a significant series of strikes that have put a real dent in their wallet," he said.
Targeting the cash hoards is part of a broader strategy to disrupt the group's sources of revenue.
Coalition aircraft also have been hitting oil infrastructure under IS control as part of the effort.
THE OSlO TIMES