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Hi All. Below is an Associated Press report that was distributed over the Iraq Task Force list about a month back. It should answer some questions about the compensation fund. As it stands now, 30% of Iraq's oil-for-food revenues go to compensation, but I think the humanitarian report that just came to the security council a few weeks back called for a reduction. It's also interesting to read the UN SC resolutions to hear about such things as oil-for-food well before they actually exist. If you read 687, you'll see that a major identified need for the oil-for-food setup is the need to force Iraq to pay reparations (no matter how miserable the Iraqi people are). Andrew Loucks The Global Movement to End the War against Iraq Hamilton, Ontario, Canada ------------------------------------------------------------------------- U.N. OKs $174M Claim Against Iraq Friday, March 19, 1999; 5:29 a.m. EST GENEVA (AP) -- A key U.N. panel has ruled that Iraq will have to pay an additional $174 million to companies that suffered losses resulting from Iraq's 1990 invasion of Kuwait. The total approved by the U.N. Compensation Commission Thursday includes $128 million to 45 Kuwaiti firms. The remaining amount goes to corporations based in other countries, said U.N. spokeswoman Therese Gastaut. The latest amounts come on top of $2.73 billion already approved by the panel for payment to individuals, companies and governments. Compensation awards approved by the 15-nation commission are paid from Iraqi oil sales approved by the U.N. Security Council. The commission has received a total of $240 billion in compensation demands from individuals, governments and corporations seeking compensation for deaths, loss and damage caused by the invasion of Kuwait, which led to the 1991 Persian Gulf War. Processing the claims is expected to take several more years. (c) Copyright 1999 The Associated Press ********************************************************************* "Each of us has an instrument to bring to the vast orchestra of humanity" - Jean Vanier (sp?) ********************************************************************* -----Original Message----- From: Mark Tribe <mlt21@hermes.cam.ac.uk> To: Harriet Griffin <harriet.griffin@environmental-change.oxford.ac.uk> Cc: 'soc-casi-discuss@lists.cam.ac.uk' <soc-casi-discuss@lists.cam.ac.uk> Date: April 16, 1999 4:34 AM Subject: Compensation Fund Dear All, Does anyone know of any good sources of info on the compensation fund. How much the've given out, to whom, how much is still needed to be paid out, how much is in the fund at the moment? Presumably when sanctions are lifted the compensation fund will get no more input. cheers, Mark Tribe -- ---------------------------------------------------------------------------- - This is a discussion list run by Campaign Against Sanctions on Iraq. To be removed/added, email soc-casi-discuss-request@lists.cam.ac.uk, NOT the whole list. Archived at http://linux.clare.cam.ac.uk/~saw27/casi/discuss.html -- ----------------------------------------------------------------------------- This is a discussion list run by Campaign Against Sanctions on Iraq. To be removed/added, email soc-casi-discuss-request@lists.cam.ac.uk, NOT the whole list. Archived at http://linux.clare.cam.ac.uk/~saw27/casi/discuss.html