Audit Shows $8.8B Missing in Iraq
Great work Bush administration! Of course, I guess we shouldn't be worrying about a measly 9 billion when tax payers are paying over 100 billion to police this country so far.
WASHINGTON — A soon-to-be-released audit will show that at least $8.8 billion in Iraqi money that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, FOX News has confirmed.
And three senators want to know where the cash is.
The draft audit by the Coalition Provisional Authority's (search) inspector general chastises the CPA — formerly led by L. Paul Bremer — for "not providing adequate stewardship" of at least $8.8 billion from the Development Fund for Iraq. The audit is not expected to be released for at least two or three more weeks, possibly longer.
The audit was first reported on a Web site earlier this month by journalist and retired Col. David Hackworth. A U.S. official first confirmed to Reuters the contents of the leaked audit cited by Hackworth were accurate.
Any guesses as to where all that money went?
Hint: Same place as the $5 trillion surplus.
What was that saying about jailing petty thieves and electing the biggest thieves to public office?
Here is a related story:
How Dick Cheney Got Away With $35 Million
...Right Before the Government Launched a Probe into Halliburton
It’s obvious that no mainstream news reporter has the gumption to seriously question Vice President Dick Cheney’s ethics when he was chief executive of Halliburton, the oil-field services company that is currently embroiled in a scandal with the Pentagon due to its questionable accounting practices related to its work in war-torn Iraq.
Pity those journalists because this is the stuff Pulitzer’s are made of. What’s even more remarkable is that there’s reams of documents in the public domain showing how Cheney cooked the books when he was CEO of Halliburton, which makes the vice president look like Ken Lay’s twin brother. The evidence is beginning to collect dust. To tell the story of how Cheney’s Halliburton used accounting sleight of hand to fool investors all you need to do is connect the dots, which is what this story will do.
Another link supporting BB's story:
Reuters: Senators Ask Where $8.8 Billion in Iraq Funds Went
At least $8.8 billion in Iraqi funds that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, according to a draft U.S. audit set for release soon.
The audit by the Coalition Provisional Authority's own Inspector General blasts the CPA for ``not providing adequate stewardship'' of at least $8.8 billion from the Development Fund for Iraq that was given to Iraqi ministries.
The audit was first reported on a Web site earlier this month by journalist and retired Col. David Hackworth. A U.S. official confirmed the contents of the leaked audit cited by Hackworth (www.hackworth.com) were accurate.
Imagine Harkin jumping on this one.
Halbitron isn't even involved in this. I would suggest you look at the UN and the interim government of Iraq. Still it's alot of money.
My point is you might want to look for waste in the Pentagon, which Bush didn't elect, and the provisional government rather than always looking with blinders.
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