400 million paid to U.S. by Iraq approved

[Telabiz]

BAGHDAD -; Iraqi lawmakers approved a controversial $400 million settlement Saturday for Americans who claim they were abused by Saddam Hussein.

The multimillion dollar settlement is part of a deal reached between Baghdad and Washington last year to end years of legal battles by U.S.

citizens who claim they were tortured or traumatized during Saddam's 1990 invasion of neighboring Kuwait.

Many Iraqis consider themselves victims of both Saddam's regime and the 2003 U.S.-led invasion and wonder why they should pay money for wrongs committed by the ousted dictator.

Abbas al-Bayati from the State of Law political bloc said lawmakers approved the settlement by a majority after listening to the foreign and finance ministers as well as the head of the central bank describe why it w...

Read the full story at http://www.signonsandiego.com/news/2011/apr/30/iraqi-lawmakers-approve-400m-payment-to-americans/

[Fearless Four]

Lots of money going out of Iraq, thanks for the post.

[rnldtippitt]

Nice. These awards, financial arrangements, and contracts that keep piling up cannot be covered at the current exchange rate even with every single existing dinar in circulation in the world. There is really only one solution...

[tjmunson]

Can we get it in dinars , please!

[hookerwife]

humm where will this money end up? Any guesses?

[Roscoboy007]

would have been less expensive if they would have RV'd first......doesn't make sense to pay out prior to the RV.

[Dalite]

would have been less expensive if they would have RV'd first......doesn't make sense to pay out prior to the RV.

The chicken is chasing the egg to see which one gets there first...

I don't think they are paying out anything that isn't necessary for them to take the next step, and would doubt that they are doing anything that they hadn't already tried every possible avenue of avoidance.

When your 4 year old starts cleaning his room, you can bet he has already determined there is no way to put it off any longer; and he wants something in return...

[jgp]

great, where can i put in a claim against Sadam Hussein?

How about Maliki?