US inquiry into $300m missing from bank in Iraq

US AUTHORITIES are investigating why $300 million in American bills was taken out of Iraq’s Central Bank this month and flown to Lebanon.

US inquiry into $300m missing from bank in Iraq

The US ambassador to Iraq, John Negroponte, said he did not know if the money was missing or if it had been used to buy weapons, as some Iraqi officials have said.

Mr Negroponte, in a taped interview from Baghdad, told CNN no US government money was involved. He linked the issue to political rivalry related to national elections scheduled for next Sunday.

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