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Iraq
Iraq Bank Guards Steal $282 Million
2007-07-12
Posted by:McZoid

#7  FYI: a US bank note weighs about 1 gram. so 282 million if it was in an even distribution of $20 and $100 notes would have wiegh in at about 40 million grams, or 40 Tonnes.

3 guys did not carry that out without a fork lift.

my bet would be massive govt corruption covered with bookkeeping showing the cash in that bank, and the 3 guards are buried in the desert somewhere to set up this cover story of the money being 'robbed'
Posted by: Abu do you love   2007-07-12 21:57  

#6  Pure horseradish. Even a football team of guards couldn't move that much hard currency around in a short enough time to avoid someone noticing their activity. As others have noted, this is a smokescreen for something or someone larger.
Posted by: Zenster   2007-07-12 15:55  

#5  That much money missing from an Iraqi bank sounds like a cover-up for a bigger boondoggle, & most likely uncovered as they try to put the squeeze on nuke/terrorist financing. Wonder if it has anything to do with this intriguing investigative report by Fox's George Russell? See the full article:
http://www.foxnews.com/story/0,2933,288970,00.html
Excerpt:
The United Nations Development Program, already mired in controversy for its dealings with North Korea, now faces another scandal involving the people who spend its $5.2 billion annual budget — and shut down its computerized financial management system yesterday when confronted by FOX News about their activities.

The new scandal involves UNDPÂ’s headquarters financial unit, where checks are signed and purchase orders are approved for its sprawling operations world-wide.

Since the last week of June, FOX News has learned, investigators from the United NationsÂ’ watchdog Office of Internal Oversight Services, or OIOS, have been probing the financial unit for evidence of hiring irregularities and violations of UNDP financial rules.

Posted by: Danielle   2007-07-12 15:50  

#4  Whatever the true value of the stolen US bank notes, it appears likely that someone will have a lot of money to spread around. If its terrorists, then they can buy a large army. Someone screwed up.
Posted by: McZoid   2007-07-12 14:25  

#3  Bull...ooney! That's a couple of semis full at least. No bank keeps that amount of cash on hand, either.
Posted by: Chuck Simmins   2007-07-12 10:46  

#2  THE SILVER LINING: The money belonged to terrorists groups (sunni, shia, take your pick)and the nasty Americans are responsible for the heist..............wow!
Posted by: Theating the Elder2033   2007-07-12 10:37  

#1  I don't believe it. The money may have been stolen - probably was. But NOT by the bank guards. They are just the patsies, set up to cover for the real thieves. The real thieves would be much higher in the food chain - either ex-Baath leadership, or most likely, Maliki or Hakim associates.
Posted by: Glenmore   2007-07-12 07:43  

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