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US says it killed key Islamic State moneyman

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AP Washington
The US military says it killed a key moneyman for the Islamic State group.

A statement by the US-led military coalition fighting IS said Fawaz Muhammad Jubayr al-Rawi was killed in an airstrike June 16 in the city of Abu Kamal near the Iraqi border.

The statement said al-Rawi owned a currency exchange in Abu Kamal that he used along with a global network of financial contacts to move millions of dollars into and out of IS-controlled territory and across borders on behalf of the group.

In December 2016, the US Treasury Department imposed sanctions on al-Rawi and his company.

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First Published: Jun 23 2017 | 11:28 PM IST

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