Ex-Minister: Saddam May Have Billions

AP | 12/04/03

[kattracks]

The Associated Press

CAIRO, Egypt Dec. 4 — Ousted Iraqi leader Saddam Hussein might still have stashed away in foreign banks tens of billions of dollars that he skimmed for years from oil revenues, a former Iraqi minister said, according to a London-based Arabic newspaper. Jewad Hashem, Iraq's planning minister in the late 1960s and early '70s who now lives in Canada, said that 5 percent of oil revenues was ordered deposited abroad in accounts under Saddam's supervision when Iraq nationalized its oil industry in 1972.

Hashem's assertion is in his autobiography, which is being excerpted in the Asharq Al-Awsat pan-Arab daily. In Wednesday's except, he wrote that Iraq's former Revolutionary Command Council issued the decree to create a sort of war chest for Saddam's Baath Party.

There was no way to independently confirm Hashem's story. International efforts are under way to track accounts around the world in the name of Saddam, the Baath Party and other former Iraqi officials.

Hashem wrote that Saddam told him and some other ministers that "the Baath Party has come to rule for 300 years and to continue ruling or to come back to rule if toppled by a coup, (and therefore) the party must have a huge amount of money outside Iraq."

The former minister said Saddam told them that the party did not want to repeat the mistake of 1963 when a military coup toppled the first Baath government after nine months and it could not return to power quickly because it lacked money.

Hashem said that by his calculation the 5 percent revenues from 1972 until 1990 would amount to $31 billion. After 1990, United Nations sanctions following Iraq's invasion of Kuwait blocked the free transfer of money abroad.

[RandallFlagg]

But, but, but...

I thought it was AMERICA'S FAULT that Iraq couldn't feed their children?!?!

/sarcasm...bigtime!

[1Old Pro]

The question really isn't should we have invaded Iraq, it's why did it take so long? Oh, that's right, Klintoon.

[McGavin999]

I would bet that a great deal of it is in french banks and invested in french companies.

[Chi-townChief]

The question I have is: how much more money is being funneled daily to the "Iraqi resistance" from clowns like this George Soros and moveon.org?

[dmz]

may have?!?

what dictator worth his weight DOESN'T have a few billion tucked away in some non-reporting banking country?

[Sloth]

>
>From: Saddam.Hussein@Baath.org [SMTP: SADDAM.HUSSEIN@BAATH.ORG]
>Sent: Wednesday, December 3, 2003 10:23:21 AM GMT
>To: < undisclosed recipients >
>Subject: URGENT HELP NEEDED
>
> You may be surprised to receive this message, as we have not known each other previously. However, I have been reliably
> informed of your Discretefulness and Ability in transactions of this nature. Letter, as First, I must solicit your confidence in
> this Transaction, this is by virtue if its nature as being utterly CONFIDENTIAL and TOP SECRET. I came to know of you in
> my private search for a Reliable and Reputable person to handle this confidential transaction, which involves the transfer of

> a large sum of money to a foreign account requiring Maximum Confidence. Though I know that a transaction of this
> Magnitude will make any one apprehensive and worried, but I am assuring you that all will be well at the end of the day. I
> have decided to contact you due to the needful urgency of my Situation.
>
> Let me start by first introducing myself properly to you. I am MR. SADDAM HUSSEIN, a former government official in
> Baghdad. Unfortunately, due to a coup, our Benevolent Administration was usurped in favor of a foreign occupying force,
> so I have been dismissed from my old position. In addition, my two sons UDAI and QUSAI, also Public Servants, were
> brutally killed during this occupation. Naturally, I am Vexed with deep Sorrow over these events.
>
> However, during my time serving the people of Iraq, I was able to amass a modest Fortune by extracting a processing and
> handling fee from the country's oil revenues, and I also inherited a certain amount of money after the death of my Beloved
> Sons. As it happens, those funds -- currently totalling just over 37 BILLION AMERICAN DOLLARS -- are being held by a
> security company in Geneva. I am unable to leave Tikrit at this time, however, as my mother has cancer and I have to stay
> here and give her the insulin shots, and therefore I cannot retrieve the money personally.
>
> The Branch Accountant with the First Despot Deposit & Trust Company of Switzerland, a Mr. Terrence J. Wilkinson, has
> informed me that I may move the Monies to another bank Account in America, but I require the help of an American who
> already has such an account so that I may Discretely accomplish this thing. In addition, I have a shipment of certain
> VALUABLE MINERALS acquired from Nigeria, and I need to move these Materials to a more secure location. My previous
> American confidant, Mr. Joseph Wilson, was unable to exercise the necessary Discretion and Secrecy so I have been
> forced to look elsewhere. I am prepared to offer you 10% of my total holdings (3.7 Billion Dollars) as a fee for handling
> these Matters.
>
> If you can assist me in this matter, you should forward to me your telephone and fax number for easy Communication and
> to fax you the Official Documents concerning the consignments. Your prompt response is being highly Appreciated.
>
> Your faithful friend,
> Saddam Hussein

[DannyTN]

LOL, that's good.

[Grampa Dave]

This is an excellent question:

The question I have is: how much more money is being funneled daily to the "Iraqi resistance" from clowns like this George Soros and moveon.org?

Or my question: How much of these missing billions is being laundered by Soros and his phoney non profits around the world with a high percentage going to $oddomite's supporters to pay for their continued acts of terrorism?

[SierraWasp]

Well... Let's find some answers! Do you know anyone with enough time on their hands to find out? Unfortunately, I don't!

[Liz]

How much of these missing billions is being laundered by Soros and his phoney non profits around the world with a high percentage going to $oddomite's supporters to pay for their continued acts of terrorism?

You nailed it, Gramps. American citizen (gag) Soros has been going around proclaiming his (barf) tolerance and compassion and forming so-called "Open Society" non-profits. Then he uses his status at the n/p as a cover to pull his various currency scams.

I would also like to know Soros' connection to the notorious global trader Marc Rich and whether Rich and Soros have been in cahoots on oil (or other) deals with Saddam-types.

Let's not forget one of the crimes for which Clinton pardoned Rich was trading with Iran during the Carter-era oil embargo. Rich is also the biggest tax cheat in history and renounced his American citizenship, fled the country with his partner Pincus Green to avoid prosecution ......until the conniving Clintons bailed out both these operators.

[UCANSEE2]

See, many are starting to catch on. Soros, the Clintons, Organized Crime.

[Ragtime Cowgirl]

Bump! Is that Russian-Gore-DNC-Harvard money laundering operation still in business?

More info here, with the author assuring us that none of these allegations have been proven. Could be a PR stunt to sell his book.

The author, and former employee, isn't afraid of Saddam's retribution. Hmmm...

8 Cash Withdrawal by Saddam Funding Attacks -ABC News ~ Reuters via Yahoo News | 12/03/03

[Grampa Dave]

I don't know about that one. But $oreA$$ currently has ANSWER and other money laundering non profits and DNC spinoffs to launder money for him and his Islamofascist terrorist buddies.

Only he and God knows how many fronts he has over the middle east and Europe to launder his money and $oddomite's money for him.

[johnb838]

Wasn't there an anti-semitic email being passed around this week signed "Hashem?" No, it was the one about "Did Bush Really Visit Iraq". Here it is, wonder if there is any connexion:

Subject: Did Bush Visit Iraq?

George. W. Bush did not visit Iraq last week. Or did he?

Many speculate that what we saw on our screens was nothing but a staging that actually took place within the US..

Nothing we've seen proves that AirForce-1 ever left US airspace..

Nevertheless, something was really wrong about this (alleged) visit.. As big as the lie may have been, one BIG question stands out: Are there no people in Iraq? Isn't there an American Ruler? Isn't there the Iraqi leadership the US had appointed? ..

Or is Iraq just US troops in a Thanksgiving party?

Was it totally impossible to drag Bremer (in total secrecy) to show his face? Was it not possible to have some key Iraqi figures show-up for the festivities?..

How can a US president visit a foreign state and yet ignore all the people in charge of that state, all of whom he has personally appointed..

It is either a "staging" as claimed, or yet another insult to the people the US brags about having freed from tyranny.. This an example showing how sad this world has become..

A big big lie or total disrespect for people who were recently invaded in the name of GOOD..

Does it really matter which one is real?

Hesham

[Grampa Dave]

We don't have the resources to track this stuff.

What we can do is to keep raising questions on FR and hope those questions get raised by Rush, Sean and other conservative talk show hosts. Then, eventually Fox News, the Washington Times and other conservative sources ask our questions.

That, makes it potentially very embarrassing for the federal agencies that should be monitoring this stuff to ignore it and invest the resources in investing in it.

Look at the home grown terrorist farm team of al Qaeda, al Fuqra. Most of us knew nothing about al Fuqra until Clovis Skeptic posted his thread about two years ago on Free Republic. Now we hear nothing about them as their places are closed, abandoned and shut down. Notice how quiet Calypso Louie has been lately? I'm sure that the DC sniper and the publicity re al Fuqra convinced him to shut his mouth.

So lets keep asking questions about $oreA$$ how hates America and our president and has vowed to defeat GW. Eventually the right people with the power to investigate will hear the questions and start the investigations.

[Liz]

......many are starting to catch on. Soros, the Clintons, Organized Crime......

Oh, please. Doesn't make me feel better. What in the world took them so long?

What were these people thinking? They exist in a total vacuum.

[Grampa Dave]

Priceless! :)

[Grampa Dave]

Until about September, if one dared to mention George $oreA$$ as a real danger to America, even conservative friends would hand you a roll of aluminum foil or laugh at you or do both.

Now a few are starting to wake up to what some of us have been saying for a long time.

Of course Peter, Danny Blather and Tommy will never bring up these questions to the nine dwarfs trying to be the Rat Candidate. They, ABCNNBCBS and the NY Slimes and all of its clones will ignore whatever $oreA$$ has done or threatened to do. They will continue to take his money as political rats, and the Slimes and others will run full page ads from A.N.S.W.E.R. and other $oreA$$ financed phoney non profits.

[leadpencil1]

Ex-Minister: Saddam May Have Billions of Fleas on His Private Parts.

Your title must have gotten cut off.