BREAKING NEWS

ISIS video shows destruction from US airstrike on Mosul cash trove

By REUTERS

JANUARY 12, 2016 12:11

BAGHDAD - Islamic State published a video on Monday purporting to show the destruction from an airstrike on a bank in its northern Iraqi stronghold which the US-led coalition said had been aimed at disrupting the group's financing activities.

Reuters could not verify the authenticity of the footage posted by a news agency that supports the militant group, but two Mosul residents contacted by Reuters confirmed the location of al-Zuhour bank in an eastern district of the city.

Targeting Islamic State's finances is a key part of the coalition's strategy to defeat the group. Iraq's finance minister last year said the militants had looted nearly half a billion dollars from banks in Mosul and the other northern cities of Tikrit and Baiji after its lightning dash across the Syrian border in 2014.

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