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Iraq
Saddam’s Fortune May Still Be Financing Iraqi Insurgency
2003-12-04
EFL; This is a follow up on Anon2’s "What the?????.
Some $132 million of money that Saddam Hussein withdrew from the Iraqi Central Bank is believed to be funding the Iraqi insurgency against U.S. troops, U.S. officials told ABCNEWS. Just hours before the first U.S. bombs fell on Baghdad, the Iraqi dictator withdrew more than a $1 billion from the Iraqi bank, which he and his followers are believed to be using today, U.S. officials told ABCNEWS. He did it with a surprisingly simple, handwritten note found by U.S. agents in the files of the Iraqi Central Bank.... Since then, most of the cash has been recovered by U.S. forces in Iraq. But U.S. officials told ABCNEWS that a huge amount is still missing: some $132 million. The elusive 33 boxes of newly printed U.S. $100 bills — $4 million in each box — still pose a huge problem for U.S. forces because they believe the money is now connected to recent attacks on U.S. forces.
Posted by:Gasse Katze

#4  Those hundreds will be showing up in the markets. And the shopkeepers will remember who cashed them...
Posted by: Grunter   2003-12-4 2:21:12 PM  

#3  Did he have to show ID?
Posted by: Chuck Simmins   2003-12-4 8:29:29 AM  

#2  mojo..interesting catch.
Posted by: B   2003-12-4 7:54:22 AM  

#1  33 boxes of newly printed U.S. $100 bills

Ahem. Freshly printed?

Kinda make ya wonder, doesn't it? And I did think it was a queer time to push out a new $20 bill into circulation.
http://money.cnn.com/2003/05/13/news/economy/twenty/
Posted by: mojo   2003-12-4 1:30:51 AM  

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