VOL. XLVI

No 50

15-December-2003

IRAQ RECONSTRUCTION

Iraq To Demand Repatriation Of Cash Held In Syria, Jordan And Lebanon

Iraq is preparing to demand repatriation of cash assets held in Syrian banks and expects to shortly start receiving $1bn of funds from Iraqi assets held in Jordan and Lebanon. An Iraqi delegation is set to travel to Damascus to discuss repatriation of the $3bn. Syria accumulated the money by selling oil on behalf of Iraq, in breach of UN sanctions, and selling non-military...