Small Wars Journal

U.S. Airstrikes Have Destroyed IS Cash Worth Hundreds of Millions

Wed, 02/17/2016 - 10:00pm

U.S. Airstrikes Have Destroyed IS Cash Worth Hundreds of Millions by Tara Copp, Stars & Stripes

The U.S. airstrike over the weekend of another Islamic State financial site has increased the estimated amount of cash destroyed into the “hundreds of millions,” according to Col. Steve Warren, the Baghdad-based spokesman for Operation Inherent Resolve.

It was the 10th airstrike since the fall by U.S. and coalition warplanes targeting Islamic State financial centers in Iraq and Syria. The financial centers are locations where the terror group collects cash to distribute to its fighters as salary or to fund its terror operations.

Warren said the attacks on the financial sites, in combination with airstrikes against Islamic State-controlled oil production facilities and trucks that the group uses to ship oil, has impacted its ability to support its forces…

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