Wednesday, November 11, 2009
Following the Money Trail... At Great Expense
Missouri attorney Noah Wood is trying to collect a debt owed to his firm by a former Libyan-backed company in the U.S., and he'd like to get documents from the Treasury Department showing where perhaps millions of dollars of once-frozen assets are now.
But the Treasury Department says Wood's request will cost him $522,886 to comply with the four-year old FOIA request, even though Wood says a former Treasury Department official has "basically told them the exact file cabinet it was in."
Wood is suing the federal government to comply with the FOIA request and to reduce the bill.
Get more information here.