Cablegate: Iraq Assets: Dutch Confiscation Decree Promulgated

This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS THE HAGUE 001440

SIPDIS

E.O. 12958 N/A
TAGS: ETTC EFIN IZ NL
SUBJECT: IRAQ ASSETS: DUTCH CONFISCATION DECREE PROMULGATED

REF: A) THE HAGUE 746, B) State 36435, C) State 19363, D) 03
THE HAGUE 2674, E) 03 STATE 291321

The Dutch government issued a ministerial decree on May 3
that will allow it to confiscate assets of the former Iraqi
regime. The GONL is still in the process of notifying Dutch
and Iraqi banks of this decree's provisions. Once these
notifications are complete, the Dutch will confiscate assets
already frozen and transfer them to the Development Fund for
Iraq.

Sobel

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