US aircraft bombs Islamic State cash pile in Iraq

Washington: A U.S. aircraft bombed an Islamic State cash distribution site in Iraq on Monday, part of efforts by the American-led coalition to disrupt the militant group`s financing of its activities, the U.S. military said.

"The bulk cash distribution site was used by ISIL to distribute money to fund terrorist activities," Lieutenant Commander Ben Tisdale, a U.S. Central Command spokesman, said in a statement, using an acronym for the militant group.

CNN, citing unnamed U.S. defense officials, said the building in Mosul was destroyed by two 2,000-pound bombs. The officials could not say exactly how much money was there or in what currency, but one described it as "millions," CNN reported.