************** Detail ... CBI signed an agreement with the US Treasury to stop funding the organization Daesh

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************** Detail ... CBI signed an agreement with the US Treasury to stop funding the organization Daesh

Post  Admin on Mon Nov 07, 2016 8:12 am

Chief financial officer at the US Embassy in Iraq, John Sullivan yesterday stressed that the cooperation between Washington and Baghdad to stop the financing «Daesh» come a long way, and that the organization, which «reproduced style Mafia» is going through a financial crisis «undermined preparations for the battle of Mosul and Stnhia in its current form in the event of losing the city.»

He said in a telephone interview from Baghdad, said that «the first agreement of its kind between the Federal Reserve and the Treasury Department on the one hand, and the Central Bank of Iraq, on the other hand to monitor the dollar shipments and ensure the prevention of the arrival of these funds to illicit destinations, is successfully applied, a shift in the point profile ».

 He added that «the Iraqi central leadership on the Keywords and through close cooperation with the US side blacklist to prevent funds from reaching the territory controlled by Daesh mode, and has more than 150 companies.

Among the most important achievements of the agreement «dramatically reduce the dollar shipments to Iraq and replace dinars.»

He said that since before the signing of the agreement «The militants Daesh deal in dollars, and this stopped today», adding that «the senior leadership of the organization arrested in dollars», spoke about the financial crisis afflicting «Daesh» and added that «normal armed salary fell more than 50 percent, as well as to their dealings Dinars prevents them from making international transactions ».

 He pointed out that Iraq «was one of the countries that buy the dollar for years and there are a radical change.

Sullivan praised Iraq's efforts to reform the central bank, has «done during the year more than what has been achieved in the past 13 years».

He added that Washington and Baghdad «will exchange intelligence, financial, security information required to stop for Daesh transfers.»

 He added that the organization «was formerly dependent on oil prices and after the decline began trying to swap oil with goods or services».

 He revealed that the campaign against Mosul found a lot of cache cash.



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