Kuwait: UN Gulf War Reparations Body Pays out $380 mln

Apr 27, 2021 | Reuters
View Original

The United Nations Gulf War reparations body said on Tuesday it paid out a further $380 million for losses due to Iraq's 1990 invasion and seven-month occupation of Kuwait, bringing the total to some $50.7 billion to claimants worldwide. The U.N. Compensation Commission (UNCC) said Tuesday's payment to Kuwait's government left around $1.7 billion to be paid towards the outstanding claim submitted on behalf of Kuwait Petroleum Corp. for oil output and sales losses as a result of damages to oilfields.