Iraq Vows to Return $1 Billion to Kuwait
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<i> Associated Press</i>
KUWAIT CITY — Iraq has promised to return soon more than $1 billion in gold bars, bank notes and silver coins looted from Kuwait’s central bank, an official said Wednesday.
Sulaiman al-Shaheen, undersecretary in the Ministry of Foreign Affairs, said Iraq had sent a letter to the United Nations pledging the return of looted Kuwaiti bank assets. Included are 3,216 gold bars worth $462 million at the current market price.
“This is only a fraction of what the Iraqis took,” he said.
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