HomeIraq» $ 500 million deposited account «Kuwait» New York
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Iraq» $ 500 million deposited account «Kuwait» New York
kcs Wed Feb 20, 2013 9:19 pm
20 February 2013 6: 56 am Last updated: Feb. 20, 2013 6: 56 am
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Iraqi Airways filed Sunday $ 500 million to KAC's account in New York, the headquarters of JP Morgan, which had been agreed between the two Governments as compensation for Kuwait» for waiving issues and provisions that were filed against Iraqi Airways».
Relevant source for «home» that «Kuwait» taking necessary action to convert the amount to the Treasury General of the nation, in implementation of law No. 22 of 2012, although «Kuwait» considers that this amount of their rights, as compensation for aircraft and spare parts lost during the invasion, pointing out that "Kuwait is not the only State to offset other government institutions, adding that" Kuwait» will intend to claim their right to recover compensation of 500 million Dollar again as an inherent right of the Corporation.
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