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Tuesday, June 14, 2011

Oops! Missing $6.6 billion for Iraq may have been stolen, auditors say http://www.blacklistednews.com/Oops!_Missing_%246.6_billion_for_Iraq_may_have_been_stolen%2C_auditors_say/14280/0/0/0/Y/M.html

For the first time, federal auditors are suggesting that some or all of the cash may have been stolen, not just mislaid in an accounting error. Stuart Bowen, special inspector general for Iraq reconstruction, an office created by Congress, said the missing $6.6 billion may be "the largest theft of funds in national history."The mystery is a growing embarrassment to the Pentagon, and an irritant to Washington's relations with Baghdad. Iraqi officials are threatening to go to court to reclaim the money, which came from Iraqi oil sales,

seized Iraqi assets and surplus funds from the United Nations' oil-for-food program.It's fair to say that Congress, which has already shelled out $61 billion of U.S. taxpayer money for similar reconstruction and development projects in Iraq, is none too thrilled either.

[WAIT THERE IS MORE...State Dept. blocks audit of Iraq police training program http://english.irib.ir/voj/news/top-stories/item/79746-state-dept-blocks-audit-of-iraq-police-training-program

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