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Iraq: committee set to track Saddam-linked assets

Iraq: Security Council establishes new committee to track Saddam-linked assets

The United Nations Security Council decided unanimously today to establish a new committee to continue tracking the financial assets removed from Iraq by persons connected to Saddam Hussein.

The need for the committee results from the expiry on 21 November of the "661 Committee" on Iraqi sanctions in accordance with Council resolution 1483 of 22 May.

Today's resolution entrusts the new committee with updating the list of individuals connected to Mr. Hussein as well as entities owned or controlled by persons acting on his behalf, or other senior officials of the former Iraqi regime or their family members.

It also stipulates that the Council will consider expanding the committee's tasks to include monitoring Member States' compliance with the prohibition on supplying arms and related materiel other than that needed by the United States-led Coalition Provisional Authority.

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