Swiss bank hands over Iraqi assets

[Swamp Fox]

The American authorities have already confiscated Iraqi holdings in the US, to be used for humanitarian purposes in Iraq.

Comments?

But where are Saddam's assets? (http://www.webfin.com/en/news/news.html/?id=32207)

[araina]

Originally posted by Stanley Foo
The American authorities have already confiscated Iraqi holdings in the US, to be used for humanitarian purposes in Iraq.

Comments?

But where are Saddam's assets? (http://www.webfin.com/en/news/news.html/?id=32207)

"The U.S. government ordered the funds to be handed over, and we will of course comply with this request," Steiner said.

But what jurisdiction does the US government have over funds frozen by the UN?

Could it be this? :


The United States has pressured foreign nations to follow its lead and confiscate frozen Iraqi assets --<b> or face a cutoff of access to the U.S. financial system.</b>