US embassy cable - 04MADRID711

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IRAQI ASSETS:RASHEED BANK ACCOUNTS IN SPAIN

Identifier: 04MADRID711
Wikileaks: View 04MADRID711 at Wikileaks.org
Origin: Embassy Madrid
Created: 2004-03-01 16:57:00
Classification: UNCLASSIFIED
Tags: EFIN PREL IZ SP UNSC Counterterrorism
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.


 
UNCLAS MADRID 000711 
 
SIPDIS 
 
STATE PASS EB/ESC/TFS FOR GLASS/SALOOM; IO/PHO; L/EB 
TREASURY FOR ZARATE, ROSS AND WALLWORTH 
 
E.O. 12958: N/A 
TAGS: EFIN, PREL, IZ, SP, UNSC, Counterterrorism 
SUBJECT: IRAQI ASSETS:RASHEED BANK ACCOUNTS IN SPAIN 
 
REF: SECSTATE 19363 
 
We received a preliminary response to reftel points from 
Sylvia Iranzo, Deputy Subdirector General for Foreign 
Investment in the Ministry of Economy.  The General Manager 
of Banco Arab Espanol (BAE) informed Iranzo that BAE no 
longer holds Rasheed Bank assets, since the accounts were 
liquidated in 1992 after the first Gulf War.  Iranzo is 
awaiting an official written response from BAE.  Embassy will 
report any new information, as appropriate. 
MANZANARES 

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