Probe International

(June 16, 2003) "Instead of embarking on a theological discussion of whether the debt contracted by Saddam Hussein is legitimate, creditors should swiftly reduce the country’s debt-service obligations to manageable proportions." says the Financial Times.

(June 16, 2003) "Instead of embarking on a theological discussion of whether the debt contracted by Saddam Hussein is legitimate, creditors should swiftly reduce the country’s debt-service obligations to manageable proportions," writes the Financial Times.

(June 15, 2003) "Because Saddam was there for so long and his policies were known, no-one can claim there was a surprise. No-one who handed over the money has any excuse," says leading Pentagon adviser Richard Perle.

(June 13, 2003) Iraq’s outstanding debts to foreign governments [Paris Club members] are estimated at about $30 billion, Hiroshi Watanabe, director-general of the Japanese Finance Ministry’s International Bureau, said Thursday.

(June 13, 2003) James D. Wolfensohn, President of the World Bank, said "There will be significant pressure to deal with the question of debt and there will have to be some form of debt reduction."

(June 13, 2003) Iraq’s outstanding debts to foreign governments ?19 creditor nations known as the Paris Club ?are estimated to be around US$30 billion, a Japanese business official announced Thursday.

(June 12, 2003) Richard Perle, the influential Pentagon adviser, on Wednesday called for the complete forgiveness of Iraqi national debt, an act which would teach banks the risks of lending to a "vicious dictatorship".

(June 12, 2003) Richard Perle, the influential Pentagon adviser, on Wednesday called for the complete forgiveness of Iraqi national debt, an act which would teach banks the risks of lending to a "vicious dictatorship".