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Legal expert: lifting UN sanctions on Iraq means lifting UN custody on Iraqi funds abroad


ALBUNDY
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Legal expert: lifting UN sanctions on Iraq means lifting UN custody on Iraqi funds abroad

 

 

 

Thursday, 27 June 2013 09:57 
 

 

 

Baghdad (AIN) -The legal expert Ahmed al-Ibadi described reliving Iraq from the UN Chapter's Seventh Chapter as lifting the custody on the Iraqi frozen funds abroad and giving the Iraqi government freedom to utilize these funds and restoring the country to its regional and international surrounding.  

 

 

The UN Security Council is scheduled to vote on the resolution of lifting the UN sanctions on Iraq stated in the Charter's Seventh Chapter Thursday.

 

 

Ibadi added "Iraq's resuming for its world diplomatic and economic relations since end of 2004 under the US resolution uploaded the UN sanctions from its real influence and turned it into a symbolic resolution except the issue of the frozen funds abroad." /End/

 

 

THE LINK : http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=36644:legal-expert-lifting-un-sanctions-on-iraq-means-lifting-un-legacy-on-iraqi-funds-abroad-&catid=35:political&Itemid=2

 

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Baghdad (AIN) -The legal expert Ahmed al-Ibadi described reliving Iraq from the UN Chapter's Seventh Chapter as lifting the custody on the Iraqi frozen funds abroad and giving the Iraqi government freedom to utilize these funds and restoring the country to its regional and international surrounding.  

The UN Security Council is scheduled to vote on the resolution of lifting the UN sanctions on Iraq stated in the Charter's Seventh Chapter Thursday.

Ibadi added "Iraq's resuming for its world diplomatic and economic relations since end of 2004 under the US resolution uploaded the UN sanctions from its real influence and turned it into a symbolic resolution except the issue of the frozen funds abroad." /End/

 

http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=36644:legal-expert-lifting-un-sanctions-on-iraq-means-lifting-un-legacy-on-iraqi-funds-abroad-&catid=35:political&Itemid=2

 

 

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It's a paltry 18B in the DFI... Just let it get collected on. They're already sittin' pretty on the 80+B in the CBI vault. Sheesh...

So there is 18B sitting out there for the taking? Do you know if that money has been collecting interest?

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Of course they could be denied, that is always a possibility.  And it would suck.  But it looks more like chapter 7 will be lifted than not.  Once it is lifted does not mean a fast RV either, but it is more possible without the old 7 ball hanging around their necks.

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