VOL. XLV

No 27

8-July-2002

IRAQ

UNCC Approves $4.74Bn In Compensation Claims Against Iraq

The United Nations Compensation Commission (UNCC) hasapproved pay-outs for claims for damages resulting from Iraq痴 invasion of Kuwait in 1990 for a further $4.74bn,mostly for Kuwaiti companies, ministries and individuals. The announcementfollows the 44th session of the Governing Council of the UNCC on 18-20 June,and brings total payouts approved by the commission to $42.6bn. The commissionalso released...