23:10 GMT +3 hours30 April 2016
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Swiss oil traders might have gotten themselves into some trouble after it was revealed that they regularly imported oil from terminals in Turkey, where Daesh, also known as ISIL/ISIS, sold their illegal oil supply, the Swiss newspaper Le Matin reported.

Dirty Business: Swiss Oil Traders Caught Exporting Daesh-Extracted Oil

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Violence Erupts as Islamic State Rises (1610)
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Swiss oil traders might have gotten themselves into some trouble after it was revealed that they regularly imported oil from terminals in Turkey, where Daesh, also known as ISIL/ISIS, sold their illegal oil supply, the Swiss newspaper Le Matin reported.

The newspaper obtained documents showing that several major Swiss petroleum trading companies exported oil from the Turkish city of Ceyhan, one of the places in the country where Daesh-extracted oil was sold.

"The risk [of Swiss companies importing Daesh-oil] is very high," said Jean-Charles Brisard, a French expert on terrorism financing, according to Le Matin.

As Daesh sold oil for a cheaper price than its official market price, many customers didn't mind buying it, although there was an official ban to purchase oil from Daesh-controlled territories.

Once oil was brought to Turkey, it was transported to various ports across the country, including Ceyhan, which is a gateway to the Mediterranean Sea. From there it was available to international customers, the newspaper reported.

An investigation carried out by Le Matin shows that several Swiss companies recently purchased oil from the port of Ceyhan.

Previously, it was reported that Daesh transports oil and petroleum products to Turkey using a complex system that involves a wide network of middlemen.

Turkey has long been the main destination for petroleum products, stolen by Daesh from numerous oilfields in Iraq and Syria. In early December, the Russian Ministry of Defense released satellite images showing columns of trucks on their way from the territories controlled by the militants to Turkey.

Topic:
Violence Erupts as Islamic State Rises (1610)
Related:
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Oil Smuggling and Syria: Is NATO No Better Than Turkey?
Son of Turkish President Erdogan Denies Involvement in Daesh Oil Trade
Tags:
middlemen, trading companies, dirty oil, Daesh, Jean-Charles Brisard, Turkey, Syria, Switzerland
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  • jaodernein
    They have a consolidated tradition in money laundering, why not oil laundering?
  • rogertidy
    The Swiss authorities should stop this. Even more importantly, Turkey should be made to stop trading with Daesh. The Americans could force Turkey to stop doing so if they genuinely opposed it.
  • Воин Света
    And the rabbit hole gets deeper. It makes me wonder how many other countries Turkey has been selling to.
  • Amoral is the national Swiss middle name. Just as UBS traded seamlessly with Nazi counterparts in WWII, bought Nazi camp dental gold, and cheated Holocaust family members after the war. Evil is their national pastime.
  • Baybars in reply toВоин Света(Show commentHide comment)
    Seamus K, Here is a list of all the countries which are supposedly fighting ISIL but as we are learning, they are not doing much other than making money for their defence industries. I would imagine many countries on this list are purchasing stolen oil. www.state.gov/s/seci
  • Bob Hoferer
    I would NOT be surprised to learn the US also deals in this 'illegal' oil business. Photos of Obama show him to look really greasy and well oiled.
  • 30 years ago this would be a well kept secret. In the age of the Internet it is taking days to reveal it. And, one by one, they come out...
  • Anas Drak
    That's the ethics of the western society. Money is their only faith.
  • cast235
    time to begin to get OFF that country one small step at a time. No MORE courts or arbitration from a PARIAH state. MINSK will be the EEU, maybe CIS affairs arbitration court. OPEN an International court in Russia for EEU, CIS, SCO, BRICS. and friends that sign in..and GO ask to sign..
    ALL investments MUST be stopped and old investments bought off.
    Russia should have a banking sector that is secret. With no info given. just codes and numbers. And Russia MUST have a body, that could investigate foul moves. Tax evasions are NOT Russia's fault and problem. It's the other country and it's people.
  • Martinoin reply torogertidy(Show commentHide comment)
    rogertidy, America? I believe that America is not UNAWARE of Illicit OIL flowing to and through Turkey. If America's NSA can snoop on World Leaders' phones, snooping on Turkey is Child's play. Had it being IRAN or Russia that was complicit in these illicit OIL deals, the Western Press would have been agog about it. Turkey serves the purpose of America Encircling Russia, so they will openly dismiss these facts as mudslinging.
  • elsa.zardiniin reply tojaodernein (Show commentHide comment)
    jaodernein, Right. Chercher le Swisse.
  • rogertidyin reply toMartino(Show commentHide comment)
    Martino, Yes, that's what I said. The US could stop it if it wanted to. Obviously, it is happy for it to continue.
  • Ivan Zadorozhny
    Turkey should be put under an oil blockade to make sure they don't trade with terrorists.
  • Mitach2002
    Once again greed comes before all else. And will these accomplices of Isis be brought to trial or is funding a terrorist group not a crime to the Swiss.
  • bangein reply toMitach2002(Show commentHide comment)
    Mitach2002, the west will not do it because the accomplices are not from Russia, Iran, China or Africa. They are from nato. So imagine if countries named above would have done this what would be the response of the western medias? They will would be promoting sanction and sanction. That is how double standard does.
  • bangein reply torogertidy(Show commentHide comment)
    rogertidy, the trap that the west is putting ahead is not going to work. They want somebody to attack turkey which is doing anything possible to have an enemy in order to start wwiii. I am sure that wont happen because the world has progressed
  • bangein reply toMartino(Show commentHide comment)
    Martino, you are right, western media would be crying like a fool . on the contrary when it comes to westerners they do slightly or not at all report on it. they are bribed for that.
  • seancstark
    Anyone surprised?
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