America's Allies Are Funding ISIS [View all]

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06.14.14

America's Allies Are Funding ISIS

The Islamic State of Iraq and Syria (ISIS), now threatening Baghdad, was funded for years by wealthy donors in Kuwait, Qatar, and Saudi Arabia, three U.S. allies that have dual agendas in the war on terror.

The extremist group that is threatening the existence of the Iraqi state was built and grown for years with the help of elite donors from American supposed allies in the Persian Gulf region. There, the threat of Iran, Assad, and the Sunni-Shiite sectarian war trumps the U.S. goal of stability and moderation in the region.

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But in the years they were getting started, a key component of ISIS’s support came from wealthy individuals in the Arab Gulf States of Kuwait, Qatar and Saudi Arabia. Sometimes the support came with the tacit nod of approval from those regimes; often, it took advantage of poor money laundering protections in those states, according to officials, experts, and leaders of the Syrian opposition, which is fighting ISIS as well as the regime.

“Everybody knows the money is going through Kuwait and that it’s coming from the Arab Gulf,” said Andrew Tabler, senior fellow at the Washington Institute for Near East Studies. “Kuwait’s banking system and its money changers have long been a huge problem because they are a major conduit for money to extremist groups in Syria and now Iraq.”

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http://www.thedailybeast.com/articles/2014/06/14/america-s-allies-are-funding-isis.html