By John Lee.
The Islamic State group (IS, ISIS, ISIL, Daesh) has reportedly laundered its cash reserves by investing in legitimate businesses in Iraq and elsewhere.
According to a report from The Economist, in Iraq it has used middlemen to buy farms, car-dealerships, hotels and hospitals.
It adds that weak institutions and rampant corruption make it hard for Iraq to tackle the problem.
Read the full article from The Economist here.
(Source: The Economist)


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