Reuters | Latest Financial News / Full News Coverage: "DUBAI (Reuters) - Saddam Hussein has given his U.S. captors information on hidden weapons and as much as $40 billion (22.5 billion pounds) he may have seized while he was Iraq's president, an Iraqi official has been quoted as saying.
'Saddam has confessed the names of people he told to keep the money and he gave names of those who have information on equipment and weapons warehouses,' Iyad Allawi, a member of the U.S.-appointed Iraqi Governing Council, told the London-based Asharq al-Awsat daily.
'The Governing Council is searching for $40 billion worth of funds seized by Saddam when he was in power and which has been deposited in Switzerland, Japan, Germany and other countries under the names of fictitious companies,' Allawi said."
Treat as suspect. If there's a major WMD find in the next few days, then we'll know this is good info.
Monday, December 29, 2003
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