Bank Of Baku

Air strike in Iraq's Mosul targets 'millions' in IS cash: US official

Air strike in Iraq
# 12 January 2016 00:18 (UTC +04:00)

Baku-APA. A US-led coalition air strike on Monday destroyed a cash storage facility used by Islamic State jihadists in the Iraqi city of Mosul, a US defense official said, APA reports quoting AFP.

Two 2,000-pound (900-kilogram) bombs struck the facility, destroying "millions" of dollars worth of cash, the official said, speaking on condition of anonymity.

"We estimate in the millions of dollars... from all their illicit stuff: oil, looting, extortion," the official said.

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