Saturday, 17 May 2008

You are not logged in: Log In | Register Now | Bookmark this page | بالعربية

YOUR DIRECTORY /


	
Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (3 Comments) |

Gulf War victims awarded over $450mn

by Dylan Bowman on Thursday, 25 October 2007

Victims of Iraq’s 1990 invasion of Kuwait are to receive over $450 million to cover losses and damages caused when Saddam Hussein ordered his troops into the Gulf Arab state, sparking the first Gulf War.

The UN Compensation Commission said on Wednesday it has paid a $469.6 million instalment from Iraqi oil funds, bringing the total amount paid to victims to almost $23 billion, reported newswire AP.

The commission has approved over $50 billion in compensation altogether, with all the money coming out of Iraqi oil revenues, AP said. Twenty-eight claims are still outstanding.

Story continues below
advertisement

The latest compensation package covers 32 payments to various governments, companies and organisations in Kuwait, the UAE, Saudi Arabia and Turkey. ranging between $2 million to $22 million in size.

Print Print | Email Email | Discuss this article |



USER COMMENTS (3 COMMENTS)

UN Compensation Comm.
Posted by mumeenchowdhury@yahoo.com on 30 October 2007 at 12:00 UAE time

I wish only that individuals and organizations who suffered directly due to war had received the compensations. It's surprising how even the governments have or are still receiving compensations. And how many more years will it take UN to complete the job? While on subject, we also demand UN compensation to all Iraqi people for the unnecessary war and carnage USA and UK have brought down upon them on completely false pretexts.
Disgraceful
Posted by Laith, Abu Dhabi, UAE on 27 October 2007 at 15:00 UAE time

It's criminal to think that the Iraqis are still paying for Saddam's wrong doing when every single cent of Iraq's revenue is required for rebuilding Iraq. This compensation has been abused by the claimants who are wallowing in surplus budgets. To continue to claim from Iraq is akin to kicking an injured man when he's down rather than helping him to recover. The Iraqi govt should stop paying with immediate effect.
Compensation or Spoils of War?
Posted by T Crowe Semler, Riyadh, Saudi Arabia on 26 October 2007 at 03:00 UAE time

The spoils of war and the legal framework for a "justified war" and an "unjustified war" appear to benefit the select few. I can only wonder how much "compensation" will be paid to all the innocent Iraqi civilians. How much has and will this war cost the Iraqi people? The citizens of the USA are in debt over 950 billion dollars...Who does it benefit? Follow the money trail into the pockets of the military industrial corporations and other war profiteers. T Crowe O'Rourke Semler

CLICK HERE TO POST A COMMENT

Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Security Code * Code


Please click post only once - your comment will not be published immediately.

RELATED LINKS

  1. United Nations (UN)»

 EMAIL ALERTS

  1. United Nations (UN)

  2. Politics & Economics



ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Web Content Manager
    Location: Dubai, UAE
  2. Senior Human Resources Officer
    Location: Dubai, UAE
Browse all jobs »
^ back to top