Monday, May 23, 2011

Al Qaeda in Iraq tightening economic grip on Mosul

On November 11, 2005, the Islamic State of Iraq (ISI), an organization that includes al-Qaeda and other militant groups, announced that it had taken over Mosul. Since that time, the ISI has been extorting money from the local community. Contractor Ahmad al-Taei gave terrorists most of his wealth in exchange for his two kidnapped children, he told a local newspaper.

?Since 2005, the ISI al-Qaeda organization has allowed us to work. But only on the condition that they get a percentage of each project?s budget,? one contractor was quoted as saying.

Al-Qaeda's extortion is conducted at all levels - from educational projects to governmental departments, to fruit and vegetable sellers
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/al-qaeda-iraq-tightening-economic-grip-mosul

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