Daesh Turns to Cigarette Smuggling as Oil Revenue Dries Up

From: Sputnik News

While Daesh is making less money from oil, the terrorist group has still been able to profit by smuggling other contraband goods from Iraq and Syria to France, Frederic Encel, Professor of International Relations at the Paris School of Business, told the French newspaper Atlantico on Wednesday.

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“The authorities need to redouble their vigilance on our territory. This contraband from the Middle East and Libya is not only expensive for our economy, but also directly threatens the life of French people.” “After all, in one region of Seine-Saint-Denis revenues from smuggling (particularly of cigarettes) were 350 million euros. This is a great amount of lost profit for our companies.”

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