Iraq to recover millions from Saddam lawyer’s Swiss account

April 21st, 2008 - 8:14 pm ICT by admin  

Baghdad, April 21 (DPA) Switzerland’s Federal Supreme Court has ordered freezing of $300 million deposited in a Swiss bank account held by former Iraqi dictator Saddam Hussein’s lawyer, Iraq’s finance ministry said Monday. “Iraq has won the ruling of the Federal Supreme Court and will recover over $300 million deposited in the name of Khalaf al-Dlimi, Saddam’s personal lawyer,” a ministry statement said.

Switzerland will transfer the frozen money, which is legally the property of Iraq, to the Development Fund of Iraq by June 13, the ministry said.

Dlimi has the right to file an objection to the court ruling with the sanctions commission of the UN Security Council.

The ministry has pledged to pursue efforts to recover “stolen” Iraqi funds deposited abroad.

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