Iraq pays USD 300 mln to KAC to settle court case

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The Iraqi government decided in its meeting today "to approve a final and comprehensive settlement for the different legal complaints between Iraq Airlines and the State of Iraq, and Kuwait Airways Corporation (KAC) worth USD 300 million," spokesman Ali Dabbagh said in a brief statement.

He said the ministry of justice was assigned to take necessary legal action while the finance ministry was notified to allocate the money for payment.

Dabbaghd did not give further details.

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