Fnu Lnu [Post 1 of 2…]

The recent visit of the CBI to New York was most assuredly to have a chat with the Federal Reserve Bank of New York. The FRBNY is holding the DFI funds and has been since 2003.  I should imagine that the CBI was discussing the release of the funds back to the CBI as part of the economic reform regimen.  In the past, accounting of the funds has come under scrutiny…1.7 Billion was unaccounted for, so said the Pentagon. Distrust has been an issue. In 2020 the State Department threatened Iraq with denial of access to the funds if Iraq ever insisted the United States military withdraw.