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Keyword: compensationfund

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  • Iraq unveils 25-million-dollar compensation fund for Saddam crimes

    05/26/2004 6:49:31 AM PDT · by TexKat · 5 replies · 84+ views
    AFP ^ | 5/26/04
    BAGHDAD (AFP) - The US overseer in Iraq unveiled a 25 million-dollar fund to compensate thousands of Iraqis victimised by Saddam Hussein, which officials said was inadequate for the flood of likely applicants. "I have created a special task force for compensation of victims of the previous regime. For an initial endowment, I have set aside 25 million dollars," Paul Bremer told a Baghdad news conference. The money will come from the Development Fund for Iraq that includes the oil revenue and foreign assets, and will be controlled by Baghdad's interim government after the US-led coalition relinquishes sovereignty on June...