2-2-11 MTT rumor - South Korea land deal with Iraq

Highlights/Thoughts

1. Investigative journalist told person on call there is a government in Iraq
2. He said South Korea and Iraq are engaged in a land deal to build an embassy
3. SK offered land to Iraq, but Iraq wants more property
4. Deal says that if there is an improvement in the rate, SK will rebate the money back to Iraq
5. This transaction is coming up quickly, but no specific time specified
6. Person receiving information from journalist is trying to get transcript/contract

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Investigative journalist in Canada. When he provides info, it is thoroughly researched. He said there is a governemnt in Iraq. They negotiated land in South Korea to build and embassy. South Korea offered them a piece of land. He saidsaid Iraq didn’t want the piece of land. They wanted a bigger piece of land that cost more money. He said the contract says that If there was an exchange rate improvement in the situation, SK would rebate the money back to Iraq. This transaction is coming up pretty quickly. No timeframe specified, but the person will be getting a copy of the transcript.