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Pentagon can’t account for $8.7 billion in Iraqi funds

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:19 PM
Original message
Pentagon can’t account for $8.7 billion in Iraqi funds
Edited on Tue Jul-27-10 02:20 PM by babsbunny
Pentagon can’t account for $8.7 billion in Iraqi funds

By The Associated Press
Tuesday, July 27th, 2010 -- 10:23 am

http://rawstory.com/rs/2010/0727/pentagon-account-87-billion-iraqi-funds/

US audit finds weakness in Pentagon controls for Iraq funds; $8.7 billion missing.

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.
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:22 PM
Response to Original message
1. Ask Blackwater.
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jobycom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:23 PM
Response to Original message
2. Dick Cheney's Undisclosed Location was a private room in Vegas.
Just a theory.
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Hassin Bin Sober Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:47 PM
Response to Reply #2
4. I heard he was having a championship naked-slots face-off with Bill Bennett.
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jobycom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:50 PM
Response to Reply #4
5. Do NOT
use the word naked about either of those people. I'm begging you.
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EC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:31 PM
Response to Original message
3. Is this the same 8 billion we already knew about
or is this on top of that? Rather has over 16 bil gone missing?
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-27-10 02:52 PM
Response to Original message
6. Time for that bake-sale!
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