Later On

A blog written for those whose interests more or less match mine.

Funding the enemy

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In an astonishing heist, guards at a Baghdad bank “made off with more than a quarter-billion dollars on Wednesday.”

The robbery, of $282 million from the Dar Es Salaam bank, a private financial institution, raised more questions than it answered, and officials were tight-lipped about the crime. The local police said two guards engineered the robbery, but an official at the Interior Ministry said three guards were involved. Both confirmed that the stolen money was in American dollars, not Iraqi dinars.

It was unclear why the bank had that much money on hand in dollars, or how the robbers managed to move such a large amount without being detected. Several officials speculated that the robbers had connections to the militias, because it would be difficult for them to move without being searched through many checkpoints in Baghdad.

I believe that this money is not going to be spent in support of the US in Iraq. And I believe that the money is undoubtedly from the truckloads of cash that the US shipped to Iraq and is probably part of the billions that that Paul Bremer couldn’t account for.

Written by LeisureGuy

12 July 2007 at 11:28 am

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