US investigators have evidence that Syrian banks are holding about $3,000 million that belonged to members of Saddam Hussein's regime, reported the daily the New York Times on 20 October. According to the report, a US team from the Treasury Department spent nearly two weeks in Damascus accessing account details of former regime members and associates. Syria has co-operated in full with US requests, said a US official. About $500 million of the funds are believed to be held in accounts in Lebanon, which are under the control of Syrian banks.