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US seizes what may be $500 million in gold in Iraq
24 May, 2003
American troops have seized what appears to be US$500 million ($868.35 million) worth of gold bars from a truck in Iraq, the US military said today.
The 2000 40-pound (18 kg) bars were seized yesterday at Qaim on the Syrian border in western Iraq by soldiers of the 3rd Armored Cavalry Regiment, the US military’s Central Command said in a statement.
It said the bars could be gold and worth as much as $500 million, depending on karat weight and purity.
The Central Command, which headed the US-led invasion of Iraq to depose President Saddam Hussein, said soldiers found the bars while conducting “a routine traffic control search” of a Mercedes truck near the border.
Two occupants of the truck, who were taken into custody, told the soldiers they had been told the bars were bronze, according to the command statement.
The two also told soldiers they had been paid 350,000 Iraqi dinars (about US$350) to pick up the truck in Baghdad and drive it to Qaim and turn it over to an individual.
US troops last month found an estimated $600 million in US cash in boxes near Baghdad palace complexes.
This month, US officials said Saddam’s son Qusay took about a billion dollars in currency from the central bank in Baghdad just before the Iraq war, but that most had been recovered.
– REUTERS
Source: US seizes what may be $500 million in gold in Iraq – NZ Herald
Categories: America, Americas, Arab World, Iraq, USA
Just wondering if any one knows what happened to this gold. Please let me know if you do.
Given back to Iraq
A Australian C-130 landed and picked up everything that was on the ground.
and you were the pilot?
i have it
share with us please
All those photos of US soldiers with Iraqi gold bars are genuine, but they only show them taking photos with the gold they seized in Iraq.
The Iraqi gold bars (as well as currency and other valuables) that US soldiers seized were transported to the US Army’s headquarters in Kuwait., they were examined by the Secret Service and/or the US Department of Treasury to determine their authenticity and value, before being returned to the Central Iraqi Treasury or the Development Fund of Iraq (DFI).