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Tuesday, October 10, 2006

ISF shuts down insurgent financial operation

BAGHDAD — Local police, supported by special Iraqi Army forces, conducted a raid Oct. 9 in Tikrit against a local hawala allegedly used by individuals and businesses to provide financial support to insurgent groups and detained 16 individuals.

The hawala, a local financial system for banking and money exchange, was allegedly being used by insurgents and criminals to hide money made through illegal activity and illegally funneled into Iraq . The daylight raid was based on tips from Iraqi citizens.

Iraqi Police and Army forces, with coalition advisers, shut down the suspected illegal financial activity which was directly supporting foreign fighters and the ongoing insurgency. This support was directly responsible for attacks targeting Iraqi civilians as well as Iraqi Security and Coalition forces.

No significant damage was done in the area and there were no civilian, Iraqi forces or Coalition forces casualties.

This operation is an example of the resolve of Iraqi citizens to stop the illegal and violent activity bringing harm to their communities and demonstrates the increased ability of the Iraqi Security Forces to target and combat insurgent activity.

Written by MNF-I.
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