Islamic State makes $323 million from smuggling migrants into Europe
And if a few jihadi “refugees” make it into Europe, so much the better. “ISIS Makes a Fortune From Smuggling Migrants Says Report,” by Vivienne Walt, Time, May 13, 2015 (thanks to The Religion of Peace):
The movement of migrants across the Middle East and Africa towards Europe has generated up to $323 million for the Islamic State in Iraq and Greater Syria (ISIS) and other jihadist groups, a new report has revealed.
Many of the migrants embark from Libya on unseaworthy boats which have foundered with thousands drowning and thousands being rescued by European navies. At least 170,000 refugees made the sea journey last year, and that number looks likely to increase this year, according to the European Union’s border-surveillance organization Frontex.
European Union and African officials are scrambling to find ways to stop the migration. On Wednesday the Guardian revealed a 19-page E.U. strategy report to crack down on the smugglers, which included air strikes on boats and possibly the use of troops in Libya.
But while E.U. officials anguish over the plight of people crossing the Mediterranean to get to Europe, the migration has proved an invaluable business opportunity for groups like ISIS. So valuable that international crime experts believe ISIS might have launched some attacks specifically in order to drive people to flee, and then profit from their flight. “They [ISIS] were looking desperately for new funds,” says Christian Nelleman, director of the Norwegian Center for Global Analysis, or RHIPTO, who co-authored this week’s report with the Geneva-based Global Initiative Against Transnational Organized Crime, a consortium of organized-crime experts. “Unlike al-Qaeda, ISIS needs a totally different scale of funds because they run an army and provide social services,” he says.
ISIS’s sources of funding appear to have changed markedly since 2014. For much of last year, ISIS brought in funds from oil smuggling — a key reason why its fighters seized oil facilities in Syria and Iraq —with oil trading earning up to $3 million a day, according to U.N. estimates. But those earnings have crashed, perhaps by half, since last August, when the U.S. and its allies began bombing ISIS oil facilities, according to a Western intelligence report from last January, which was shared with TIME this week.
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