VOL. XLV

No 44

4-November-2002

IRAQ

UNCC Pays Out $469Mn; Total Payout Reaches $16Bn

The United Nations Compensation Commission (UNCC) has paid out a further $469.2mn to claimants for losses incurred during the 1991 Gulf War, bringing total payouts to date to $16,048mn. Kuwait received the largest payout of $350.3mn for a total of 520 claims, with $77.4mn for category D (individual claims for damages over $100,000), $176.7mn for category E (claims of corporations and public sector enterprises)...