'IS receives $1 bn annually for delivering Afghan heroin'

Image
IANS Kabul
Last Updated : Mar 07 2015 | 8:48 PM IST

The Islamic State (IS) Sunni radical group has been receiving more than $1 billion annually for deliveries of Afghan heroin, according to Russia's Federal Drug Control Service (FSKN), media reports said Saturday.

"According to our figures, the IS is receiving up to $1 billion annually for delivering Afghan heroin," FSKN director Viktor Ivanov said in a statement on Friday, Pajhwok Afghan News agency reported.

In November, the FSKN said that over half of Europe's heroin supplies come from the terrorist group through Iraqi territory, parts of which are under IS control.

"This is a threat not only to our country, but also European security," Press TV quoted Ivanov as saying. According to him, the money from drug trafficking is likely becoming a "huge financial sponsorship" for the IS.

Drug smuggling is a renewable source of funding for the insurgent group, the watchdog said.

In addition, drug routes across the Gulf of Aden to the African continent have encouraged numerous pirate gangs, the FSKN said in the statement.

The sale of oil and antiquities as well as ransom from abductions are three other sources of revenue for the IS, it added.

The IS has captured large areas in Syria and Iraq. The group is notorious for numerous human rights abuses, including abductions and brutal killings.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 07 2015 | 8:42 PM IST

Next Story