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[Thread created: 02:42 7-Feb-07] |
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Title: U.S. sent giant pallets of cash into Iraq
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Summary:
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WASHINGTON (Reuters) -- The Federal Reserve sent record payouts of more than $4 billion in cash to Baghdad on giant pallets aboard military planes shortly before the United States gave control back to Iraqis, lawmakers said Tuesday.
The money, which had been held by the United States, came from Iraqi oil exports, surplus dollars from the U.N.-run oil-for-food program and frozen assets belonging to the ousted Saddam Hussein regime.
Bills weighing a total of 363 tons were loaded onto military airc...(more)
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