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View Full Version : Audit: U.S. can't account for $8.7 billion in Iraqi cash



Roger Perry
07-27-2010, 11:57 AM
New audit cannot account for billions in Iraqi cash.


BAGHDAD — The U.S. Defense Department is unable to properly account for over 95 percent of $9.1 billion in Iraqi oil money tapped by the U.S. for rebuilding the war ravaged nation, according to an audit released Tuesday.
The report by the U.S. Special Investigator for Iraq Reconstruction offers a compelling look at continued laxness in how such funds are being spent in a country where people complain basic services like electricity and clean water are sharply lacking seven years after the U.S.-led invasion that toppled Saddam Hussein.
The audit found that shoddy record keeping by the Defense Department left the Pentagon unable to fully account for $8.7 billion it withdrew between 2004 and 2007 from a special fund set up by the U.N. Security Council. Of that amount, Pentagon "could not provide documentation to substantiate how it spent $2.6 billion."
The funds are separate from the $53 billion allocated by Congress for rebuilding Iraq

http://www.msnbc.msn.com/id/38428898/ns/world_news-mideastn_africa/

BonMallari
07-27-2010, 12:03 PM
the money is in Nigeria, because it keeps being offered on my old yahoo email account that I won some money in a bank from somebody with no relatives and needing a partner to claim the prize..

subroc
07-27-2010, 01:54 PM
UN Security Council can't account for 8.7 Billion.

dnf777
07-27-2010, 02:02 PM
Anyone chech under the couch pillows?

mjh345
07-27-2010, 02:23 PM
Anyone chech under the couch pillows?

That's "funny" on many levels.

M&K's Retrievers
07-27-2010, 02:35 PM
Roger, have you checked Bush and Cheney's pockets?

Roger Perry
07-27-2010, 04:09 PM
Roger, have you checked Bush and Cheney's pockets?


Probably under their couch pillows.

M&K's Retrievers
07-27-2010, 04:18 PM
Probably under their couch pillows.

Watch out for dog hair.:D

kjrice
07-28-2010, 09:39 PM
That damn Bush has to be the blame.