VOL. XLI
No. 27
6-July-1998
IRAQ
UNCC Awards $187Mn In Corporate Claims
On 1 July the Governing Council of the Geneva-based United Nations CompensationsCommittee (UNCC) awarded compensation of $187mn out of a total $1.9bn claimed from Iraq byfour companies. India's Continental Construction Ltd. ($16mn out $472mn), Kuwait's GulfCable and Electrical Co. ($55mn out of $125mn), South Korea's Hyundai Construction ($34mnout of $1bn) and Russia's Technopromexport ($82mn out of $326mn) received only...
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