Five Britons abducted in Baghdad
The street outside Iraq's finance ministry
Witnesses said police units sealed off the street outside the ministry
Five Britons have been kidnapped from Iraq's finance ministry in Baghdad, the British government has confirmed.
They included four bodyguards and a finance expert. Earlier reports said the expert was German.
Witnesses and sources told the BBC that the kidnappers wore police uniforms and arrived in up to 40 police vehicles.
http://news.bbc.co.uk/1/hi/world/mid...st/6700319.stm
With forty "Police" vehicles involved is it an inside job or terrorists. Is cash or Politics the reason for the abduction. If they insurgents have this ability how long before they make a move on the Central banking district? Rasheed Street in Baghdad is considered the Iraqi equivalent of "Wall Street". How long before the "terrorists" target the banks? Do the insurgent need to top up the $8.8 billion that may have been spent on arms for the insurgency.
Former Iraq minister denies theft of millions
Marie Colvin
Quote:
A former Iraqi defence minister whose 10 months in office coincided with the disappearance of more than $800m (£400m) from the ministry’s coffers is living openly in Amman and London despite a warrant for his arrest.
Hazem Shaalan, a small businessman in London until Saddam Hussein was ousted in 2003, rose in a year to one of the most important jobs in the interim government that ran Iraq from 2004 to 2005.
He left Baghdad before the next government discovered that a fortune had been looted from his ministry’s account in what one senior investigator has called “one of the largest thefts in history”.
The missing money was part of $8.8 billion of shrink-wrap-ped American cash that was flown into Iraq after Saddam fell but which is now unaccounted for. It is the subject of a congressional inquiry in Washington amid growing demands by Democrats to identify those responsible.
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http://www.timesonline.co.uk/tol/new...cle1497038.ece