US seizes $1.62bn in Iraqi assets

The US has seized $1.62 billion in Iraqi assets and will use the money to rebuild the country once the conflict has ended.

Source: Associated Press

The Bush administration has seized $1.62 billion in Iraqi assets already frozen in the United States and will use the money to help rebuild the country once Saddam Hussein is ousted, a top Treasury Department official said Thursday.

The department's general counsel, David Aufhauser, provided updated figures that follow up an initiative from President

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.