The E-Sylum:  Volume 10, Number 49, December 2, 2007, Article 33

COUNTERFEIT IRAQI DINARS SIEZED IN BAGHDAD

"Forged Iraqi banknotes worth about $1 million were seized
in a central Baghdad raid on Tuesday, officials said, in
what was believed to be the biggest operation of its kind
against counterfeiters.

"Iraqi National Security Minister Shirwan al-Waeli said
four people were arrested during the raid by Iraqi soldiers
and security ministry officers on a ground-floor apartment
in Baghdad's Karrada district.

"'A huge amount of money was found in the house, more than
1 billion Iraqi dinars,' Waeli told Reuters.

"A Defence Ministry statement said the notes seized amounted
to 1.25 billion Iraqi dinars, equivalent to roughly $1 million.

"Waeli said the forged currency was in notes of 10,000 and
25,000 dinars. He said security ministry officials had been
tracking the gang since Nov. 5."

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  Wayne Homren, Editor

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