|Most Expensive Robbery till now: Central Bank of Iraq(Over $1 Billion)|
Saturday, September 21, 2013
Most Expensive Robbery in the World
Central Bank of Iraq (March 18, 2003 - Baghdad, Iraq 1 billion dollars !)
Over one billion dollars was stolen from the Central Bank of Iraq on March 18th, 2003. Was this robbery a result of careful planning? Or was it a result of brute force? Saddam Hussein treated Iraq as his own personal kingdom, so it’s no surprise that he would feel that the Central Bank of Iraq was his personal bank account.It was actually quite simple: Saddam Hussein sent his son named Qusay to make a withdrawal from the bank on behalf of a handwritten note before coalition forces began bombing Iraq. His son sat there as boxes filled with one hundred dollar bills were given to him. The entire operation took about five-hours. However, it didn't get him very far as he was later killed by US troops. Approximately $650 million was later found by US troops hidden in the walls of one of his palace’s, though the remaining $350 million has never been recovered and is considered lost.