The U.N. panel overseeing compensation for victims of Iraq's 1990 invasion of Kuwait said Thursday it has paid out a US$280 million (¤205 million) installment from Iraqi oil funds to cover claims for losses and damages. The latest transfer _ which consisted of 41 separate payments to governments, international organizations and corporations ranging from US$2 million (¤1.5 million) to US$10 million (¤7.3 million) _ brings the total amount paid in compensation to more than US$22.1 billion (¤16.2 billion), the Associated Press reported.
