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CSPAN Islamic State Financing November 17, 2014

Chemical weapons use. The group is tremendously destabilizing force across large swaths of iraq and syria and the brutal campaigns have approximately u drawn the condemnation appropriately drawn of the broader International Community. In addition to the horrific massacres, kidnappings and decapitations, officials believe that isil is one of the Richest Terrorist Groups to ever exist with estimated assets in access of 1 billion. Unlike most other terrorist groups, which tend to rely heavily on foreign sponsors, isil generally raises funds internally limiting available to the Treasury Department to cut them off. From the formal Financial System regardless. The ability to sanction and block assets remains vital to ensure that over the long run ....

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