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Key FactsISS: Islamic State pays ISWAP for captured military equipment
12 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: premiumtimesng.com
  • According to the ISS, a price list funded by Islamic State sets amounts for captured weapons, ammunition and military vehicles.

  • ISWAP keeps one-third of the spoils; those who take part in an attack receive the rest.

  • An AK-47 is valued at $750 and a rocket-propelled grenade at $1,000; boxes of ammunition bring in $500 to $1,000, depending on calibre.

  • Ex-fighters said funds are transferred via Dubai to Kano or N’Djamena; local couriers take the cash to hideouts on islands in Lake Chad.
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