David
04-25-2009, 11:33 PM
A new story entry has been added:
Iraq rent out Saddam's house
Saddam, the former Iraq dictator had all of his assets frozen by the United Nations. He owned two properties on the Riviera, one on the hills above Cannes which was bought for 10 million euros ($A18.44 million) in 1982.
The government spokesman Ali al-Dabbagh said: "The Council of Ministers on Tuesday decided to cancel the decision from a previous council of ministers, which was to sell the house in Cannes, and to give the authority to the Ministry of Foreign Affairs to rent the house and to use the rent for maintenance".
In a statement Dabbagh specified that the decision was a consequence of the economic situation and collapse in real estate prices.
Iraq rent out Saddam's house
Saddam, the former Iraq dictator had all of his assets frozen by the United Nations. He owned two properties on the Riviera, one on the hills above Cannes which was bought for 10 million euros ($A18.44 million) in 1982.
The government spokesman Ali al-Dabbagh said: "The Council of Ministers on Tuesday decided to cancel the decision from a previous council of ministers, which was to sell the house in Cannes, and to give the authority to the Ministry of Foreign Affairs to rent the house and to use the rent for maintenance".
In a statement Dabbagh specified that the decision was a consequence of the economic situation and collapse in real estate prices.