The UN panel overseeing compensation for victims of Iraq's 1990 invasion of Kuwait said Thursday it has paid out a US$280 million (â‚¬205 million) installment from Iraqi oil funds to cover claims for losses and damages.
The latest transfer - which consisted of 41 separate payments to governments, international organizations and corporations ranging from US$2 million (â‚¬1.5 million) to US$10 million (â‚¬7.3 million) - brings the total amount paid in compensation to more than US$22.1 billion (â‚¬16.2 billion).
Most of the payments - about US$229.5 million (â‚¬168.1 million) - went to 35 claimants in Kuwait, the United Nations Compensation Commission said. Further payments were made to claimants in Bosnia-Herzegovina, Egypt, Saudi Arabia, Turkey and the United States.
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>