Corruption In Iraq Under US-Led CPA May Dwarf UN Oil-For-Food Scandal

http://www.commondreams.org/headlines05/0408-09.htm

Published on Friday, April 8, 2005 by the Christian Science Monitor

Iraq is Becoming 'Free Fraud' Zone
Corruption In Iraq Under US-Led CPA May Dwarf UN Oil-For-Food Scandal

by Tom Regan

A former senior advisor to the US-led Coalition Provisional Authority (CPA), which ran Iraq until the election of an interim Iraq government last January, says that the US government's refusal to prosecute US firms accused of corruption in Iraq is turning the country into a "free fraud zone."

Newsweek reported earlier this week that Frank Willis compared Iraq to the "wild west," and that with only $4.1 billion of the $18.7 billion that the US government set aside for the reconstruction of Iraq having been spent, the lack of action on the part of the government means "the corruption will only get worse."


More than US money is at stake. The administration has harshly criticized the United Nations over hundreds of millions stolen from the Oil-for-Food Program under Saddam . But the successor to Oil-for-Food created under the occupation, called the Development Fund for Iraq, could involve billions of potentially misused dollars.
In late March, the New Standard reported, the annual Global Corruption Report issued by the "corruption watchdog," Transparency International (TI), heavily criticized the US for "mismanaging" Iraq's oil revenues and "for using faulty procedures for awarding reconstruction contracts."


..more..

..Fox jump on this like they have on the oil for food issue


.... :eyes:

Shouldn't all of our money going into that country be used to feed children? Or is it all going to corrupt iraqi officials and US contractors?