Dear Jason Webb of Reuters:
Google is your friend.
Aired December 5, 2003 - 08:19 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
ANDERSON COOPER, CNN CORRESPONDENT
JUAN ZARATE, DEPUTY ASSISTANT SECRETARY, TREASURY DEPARTMENT: Thanks for having me.
COOPER: Let me ask, before the war began, Saddam Hussein is said to have removed $1 billion in cash from the central bank in Baghdad.
Where is that money now and — or how much of it has been recovered — and is some of it still being used, do you think, to fund terror?
ZARATE: That’s right. Saddam Hussein actually ordered his central bank to transfer over close to a billion dollars in U.S. currency as well as in euros. We’ve been able, with the good work of the Department of Defense and with our investigators on the ground to capture most of that, over $800 million, as well as close to 90 million euros. So we’ve captured most of that.
March 2003 Document: Saddam Orders Iraq Central Bank to Give his Son 1 Billion Dollars http://www.freerepublic.com/focus/f-news/1697062/posts
"The Eqyptians are speaking to Saddam Hussein," said Mr Bush. "It seems he's indicated he would be prepared to go into exile if he's allowed to take $1billion and all the information he wants about weapons of mass destruction." Asked by the Spanish premier whether Saddam - who was executed in December last year - could really leave, the President replied: "Yes, that possibility exists. Or he might even be assassinated." But he added that whatever happened: "We'll be in Baghdad by the end of March." Mr Bush went on to refer optimistically to the rebuilding or Iraq. The transcript - which was published yesterday in the Spanish newspaper El Pais - was said to have been recorded by a diplomat at the meeting in Crawford, Texas, on February 22, 2003.