Putin: Turkey is Funding ISIS Through Oil Purchases

Vladimir Putin is waging a war of words against Turkey in the aftermath of last weeks downing of a military plane. In his latest tirade against the country, his accusations proved to be so scandalous the Turkish president himself said he would resign if they were true. Zero hedge reports:

Turkey’s move to shoot down a Russian Su-24 warplane near the Syrian border afforded the Russian President all the motivation and PR cover he needed to expose Ankara’s alleged role in the trafficking of illegal crude from Iraq and Syria and in the aftermath of last Tuesday’s “incident,” Putin lambasted Erdogan. “Oil from Islamic State is being shipped to Turkey,” Putin said while in Jordan for a meeting with King Abdullah. In case that wasn’t clear enough, Putin added this: “Islamic State gets cash by selling oil to Turkey.”

To be sure, it’s impossible to track the path ISIS oil takes from extraction to market with any degree of precision. That said, it seems that Islamic State takes advantage of the same network of smugglers, traders, and shipping companies that the KRG uses to transport Kurdish crude from Kurdistan to the Turkish port of Ceyhan. From there, the oil makes its way to Israel and other markets (depending on which story you believe) and if anyone needs to be thrown off the trail along the way, there’s a ship-to-ship transfer trick that can be executed off the coast of Malta. The maneuver allegedly makes the cargoes more difficult to track.

Some believe Erdogan’s son Bilal – who owns a marine transport company called BMZ Group – is heavily involved in the trafficking of Kurdish and ISIS crude. Most of the ships BMZ owns are Malta-flagged.

In light of the above, some have speculated that Turkey shot down the Su-24 in retaliation for Russia’s bombing campaign that recently has destroyed over 1,000 ISIS oil trucks. Here’s what Syrian Information Minister Omran al-Zoub said on Friday:

“All of the oil was delivered to a company that belongs to the son of Recep [Tayyip] Erdogan. This is why Turkey became anxious when Russia began delivering airstrikes against the IS infrastructure and destroyed more than 500 trucks with oil already. This really got on Erdogan and his company’s nerves. They’re importing not only oil, but wheat and historic artefacts as well.”

According to RT, Turkish President Recep Erodan not only denied the accusations, but offered to resign if true:

“We have every reason to believe that the decision to down our plane was guided by a desire to ensure security of this oil’s delivery routes to ports where they are shipped in tankers,” Putin said.

Speaking in Paris on Monday, President Recep Erdogan said that he will leave office if there is proof of Turkey’s cooperation with IS.

“We are not that dishonest as to buy oil from terrorists. If it is proven that we have, in fact, done so, I will leave office. If there is any evidence, let them present it, we’ll consider [it],” he said, as quoted by TASS.

The countries from which Turkey buys oil are “well known,” said Erdogan.

Given the underground nature of ISIS’s money trails, the claims will be hard to prove one way or another. If true, Turkey will have to answer as to why they are funding the organization currently attacking their NATO allies.

Sources: Zero Hedge, RT