Iraqi PM:IS Stole Over $1B in US Mil. Equipment; Seized 2300 Mil. Humvees in City of Mosul Alone

The Islamic State (IS)  -- a brutal terrorist group also known as the Islamic State of Iraq and Syria (ISIS) -- seized 2,300 U.S. military Humvees and other weaponry from Iraq's U.S. taxpayer-funded armed forces in the city of Mosul, Iraqi Prime Minister Haider Al-Abadi admitted in a TV interview over the weekend, The New American website reports today (June 2, 2015).

ISIS militants then paraded the captured U.S. military equipment -- worth over one billion dollars -- through the streets of the city.

They then proceeded to use the American Humvees to lynch and burn Iraqi troops -- many of whom had dropped their U.S. supplies and fled -- before putting the vehicles to work in suicide bombings and other attacks.

"In the collapse of Mosul, we lost a lot of weapons," al-Abadi acknowledged, referring to the overrunning of the city by ISIS forces last summer amid the mass-desertion of U.S.-backed Iraqi government forces. "We lost 2,300 Humvees in Mosul alone." Depending on how the Humvees were outfitted -- grenade launchers, machine guns, or extra armor -- the price tag could have been well over one billion dollars. ISIS militants are also believed to have seized the helicopters that were displayed during the ISIS parade with the captured Humvees.