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RSS FeedsDeutsche Bank: Suspected of facilitating funds to ISIS in Iraq
(WorldNews Germany)

 
 

20 september 2020 23:19:20

 
Deutsche Bank: Suspected of facilitating funds to ISIS in Iraq
(WorldNews Germany)
 


The Islamic State`s infamous rule over vast areas of Iraq during 2014 and 2016 not only led to a humanitarian crisis, but also left the country`s economy depleted. Its expansion in Iraq, marked by its control over vast areas of the country, most notably capturing the city of Mosul in June 2014, also allowed the organisation to seize over 121 bank branches according to the Central Bank, in what was described as one of the largest bank robberies the world has ever seen. Across its operations, the Islamic State stole a total of approximately $830 million. Despite this, some banks, including Deutsche Bank and specifically its US branches, continued to allow money transfers to be sent to Iraq...


 
31 viewsCategory: General > Europe > Germany
 
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