RealNews

AP: U.S. Might Have Found Saddam's Money

The United States believes it has found at least $300 million Saddam Hussein hid in banks, yet doesn’t have enough evidence to get countries such as Syria and Switzerland to hand over the money, U.S. and European officials told The Associated Press. The funds at stake could go to the Iraq insurgency or the country’s reconstruction — depending on who gets to them first. What troubles investigators more is that much of Saddam’s cash may already be gone. The weak U.S. intelligence and the slow-moving investigation, now in its 11th month, have given suspects more than enough time to empty accounts and possibly transfer some funds to Iraq’s insurgency, which has cost hundreds of American lives, officials involved in the search said. Full Story

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