Press Releases

Snow announces global effort to hunt for Hussein's assets and use regime's assets for the benefit and welfare of the Iraqi people

(Archived Content)

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This week, Treasury Secretary John Snow announced that the United States 1) is confiscating non-diplomatic Iraqi government assets in the United States and use the funds for the benefit and welfare of the Iraqi people, 2) is calling upon the world to identify and freeze all assets of Saddam Hussein, the Iraqi regime, and their agents pursuant to established international obligations, and 3) is directing a worldwide hunt for the blood money that Hussein and his cronies have stolen from the Iraqi people.