WASHINGTON: In its biggest such operations, the US has destroyed a cash storage facility of the Islamic State in Iraq’s Mosul city where the terror group had stored “millions” to pay its operatives and for ongoing operations.

The U.S. dropped two 900-kg bombs on Sunday in central Mosul destroying the building containing huge amounts of cash, CNN quoted two American defence officials as saying. The officials could not say exactly how much money was there or in what currency, but one described it as “millions.”

The officials said the U.S. plans to strike more financial targets like this one to take away IS’s ability to function like a state. This is a similar expansion to the target list as happened several weeks ago, when US warplanes began hitting ISIS oil trucks. The defense official said the coalition had targeted cash-holding facilities once or twice in the past year. — PTI