ISIS seeks alternative sources of finance

The Islamic State (ISIS) is seeking alternative sources of finance, after its revenue from the sale of oil and collection of taxes from the population in Syria and Iraq shrunk drastically, a senior Russian security official said Monday.

Compared to financial receipts totalling an estimated 3 billion USD in 2014, ISIS presently only receives approximately 300 million dollars a year, according to Sergey Beseda, head of the intelligence information and international relations service at the Russian Federal Security Service (FSB).

State-of-the-art weapons, including drones, were supplied to terrorists in Syria by foreign sponsors via bogus companies, Russian Foreign Minister Sergey Lavrov said at an anti-terror conference in Moscow on Monday. He called on the world community to do away with the so-called "grey zones" in the economy, used as a channel to supply militants with weapons. Lavrov also insisted that the practice of dividing terrorists into "good" and "bad" be stopped.

Source: VOV5

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