US blocks assets of Saddam's nephews

[JURIST] The US Department of the Treasury [official website] announced on Thursday that they have frozen the assets of six nephews of Saddam Hussein [press release] to help end support for terrorists and insurgents in Iraq. "This action targets the money flows of former regime elements actively supporting attacks against Coalition forces and the Iraqi people," said Stuart Levey [official profile], the Treasury's Under Secretary for Terrorism and Financial Intelligence. The US has also given the names and information of the six men to the UN so that other countries can seize assets in foreign banks as well. Reuters has more.

 

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.