Israel Compensated By Iraq for Gulf War Damage
The United Nations Compensation Commission awarded $74 million to Israel for the costs it incurred from Iraqi Scud missile attacks during the Gulf War. The Commission rejected most of the $1 billion that Israel had requested. The first $5 million, transferred by the United Nations from Arab oil purchases from Iraq, was sent on August 16, 2001.
Source: JTA, (6/21/01); Jerusalem Post, (August 16, 2001).