More Iraqi Reconstruction Funds Are Missing

Audit: US Can't Account for $8.7B in Iraqi Funds -- ABC News/AP

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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More News On The Missing Iraqi reconstruction Funds

US 'fails to account' for Iraq reconstruction billions -- BBC
Audit: US can't account for $8.7B in Iraqi funds -- AP
Pentagon can't account for $8.7 billion in Iraqi funds -- L.A. Times
US Cannot Account for $8.7 Billion in Iraqi Funds -- Voice of America
Pentagon can't account for how it spent $2.6 billion in Iraqi funds, audit finds -- Washington Post

My Comment: I am shocked .... SHOCKED .... that there is corruption in Iraq.