Up to 8 million of ISIS cash has been destroye

             up to 8 million of ISIS cash has been destroyed

In 2014 the RAND Corporation analyzed ISIL’s funding sources by studying 200 documents — personal letters, expense reports and membership rosters — captured from the Islamic State of Iraq (which included al-Qaeda in Iraq) by US Forces in Iraq between 2005 and 2010.

 It found that over this period, outside donations amounted to only 5% of the group’s operating budgets, with the rest being raised within Iraq. In the time period studied, cells were required to send up to 20% of the income generated from kidnapping, extortion rackets and other activities to the next level of the group's leadership. Higher-ranking commanders would then redistribute the funds to provincial or local cells which were in difficulties or which needed money to conduct attacks.The records show that the Islamic State of Iraq depended on members from Mosul for cash, which the leadership used to provide additional funds to struggling militants in Diyala, Salahuddin and Baghdad.In mid-2014, Iraqi intelligence obtained information from an ISIL operative which revealed that the organisation had assets worth US$2 billion,making it the richest jihadist group in the world.About three-quarters of this sum is said to be represented by assets seized after the group captured Mosul in June 2014; this includes possibly up to US$429 million looted from Mosul’s central bank, along with additional millions and a large quantity of gold bullion stolen from a number of other banks in Mosul.However, doubt was later cast on whether ISIL was able to retrieve anywhere near that sum from the central bank, and even on whether the bank robberies had actually occurred