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[casi] Iraqi blocked accounts






Dear all,

The Bank of England has finally released instructions to lift the blocks
placed on Iraqi personal accounts by sanctions regulations in 1990. The
delay since the UN resolution in May appears to have been the Bank's
compilation of a list of accounts controlled by or connected to members of
the regime or Iraqi government organisations. Since the Bank has had 13
years to prepare this list, it is a little surprising that it has taken so
long.

Mark Galloway



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