U.S. Officials Help Search for $1 Billion Missing from Iraqi Central Bank

Prior to the start of coalition military action against Iraq, former Iraqi leader Saddam Hussein and his family took approximately $1 billion from the country's central bank, according to U.S. Treasury Department officials in Baghdad.

State Department spokesman Richard Boucher, speaking May 6 at the State Department briefing in Washington, said that while the whereabouts of the cash remains unknown, the United States is searching for the assets.