|A Lebanese official reveals the fate of Saddam Hussein's money and his regime in the banks of Beirut
The Lebanese authorities transferred to the United States after the US invasion of Iraq in 2003 all the money that was deposited in Beirut banks in the name of Saddam Hussein and his regime,
a senior financial official in Lebanon revealed . "The financial relations between Lebanon and Iraq are old. There were deposits in the Lebanese banking system, especially from the Central Bank of Iraq . After the fall of Saddam Hussein's regime, these deposits were transferred to the bank ," said Joseph Tarbi, president of the Association of Banks in Lebanon. The US Federal Reserve in the account of the Central Bank of Iraq, under the supervision of the military and legal authorities and the Central Bank of Lebanon.
In an interview with RT, Lebanese lawyer Mohammed Qubaisi, who commissioned his office to follow the fate of Saddam Hussein's money and his regime, said: "The latest episode of the review of Lebanese banks to demand hundreds of millions of dollars' worth of Iraqi names since the days of Saddam Hussein ended earlier this week. .
He added: Iraqi people, some of whom have been in the banks for several months, have this week commissioned law firms to claim Bank Audi and other banks for up to $ 800 million, allegedly deposited in their names since 1999, to disguise Saddam Hussein's wealth.
Some of these written documents appear to be very serious for law firms, even if they are not fully documented, but constitute a presumption or semi-written evidence.
While linking some of the Iraqi deposits that existed in the Lebanese banks before the overthrow of the Saddam Hussein regime with the blackmail of the Lebanese banks operating in Iraq now, Tarbih said: These campaigns "have caused some confusion in the hearts of citizens, but the joint efforts by the security services The competent authorities in Lebanon and Iraq, led to the detection of a network of perpetrators of fraud and promoters of false news and fabricated in order to extortion and undermine the reputation of our banking sector.
The international prosecution of Saddam Hussein's wealth has exposed hundreds of millions of dollars in Iraqi funds in European and Middle Eastern banks, but none of them bears his personal name.
James Nason of the Swiss Bankers Association, whose members are asked to report any suspicious accounts to the Swiss government, says, It is "not reasonable to open Saddam Hussein bank account in his own name."
In Lebanon, Britain and Switzerland, the authorities have found about half a billion dollars in Iraqi assets, but it is not clear who the money goes from outside Iraqi government accounts.
The United States, which began searching for Saddam's wealth the day after the invasion in March 2003, admits that finding hidden assets and funds is extremely difficult and complicated, because Saddam Hussein and his regime had hidden arms, camouflage, and crazy ideas.
The biggest challenge is to identify and track the flow of money that Saddam Hussein has appropriated for himself and his entourage and introduced into the international financial system.
Estimates of Saddam's wealth range from $ 2 billion to $ 40 billion. The US-funded International Campaign to Prosecute Iraqi War Criminals says much of the money has been brought out of Iraq through a network of people who have been given the money to invest or keep until needed.
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