Lebanon c bank finds new stash of Iraqi cash

The US Treasury has said that US$495 million of Iraqi funds has been recovered by the central bank of Lebanon. The U.S. has stressed that all recovered assets will be used to help the people of Iraq and rebuild the country.

Source: Associated Press

Lebanon's central bank has located and secured $495 million US in Iraqi funds, a U.S. Treasury official said at congressional hearings on efforts to trace the billions of dollars that Saddam Hussein is thought to have hidden away.

David Aufhauser, ge

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