by Vixen » Sun May 11, 2014 9:12 am
5-10-2014 *American Contractor ~In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003. There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime. The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds. The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors. The Iraq government will not risk losing those DFI funds.