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Thursday , January 23 2020

DAESH terrorist organization planning of pumping KD 500 million into the bourses of Kuwait and the Gulf countries

KUWAIT CITY: DAESH terrorist organization is studying the possibility of pumping KD 500 million into the bourses of Kuwait and the Gulf countries and entering into partnerships with the Muslim Brotherhood Group that support the organization. However, the Capital Markets Authority (CMA) has objected to such a plan and will impede their moves through laws, decisions and daily follow-ups, reports Al-Shahed daily quoting informed sources.

They revealed that DAESH is working on finding additional sources of funding after it received a painful blow in a raid that targeted one of its sites where its cash flow was managed, which has been adversely affected after the collapse of oil prices. The Central Bank of Iraq recently published the names of 142 foreign exchange companies in Iraq which were accused of transferring funds to DAESH’s accounts.

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