Tuesday, June 14, 2011

Missing Iraqi Funds: Largest Theft In U.S. History?

Report: $6.6B Meant For Iraq May Be 'Largest Theft' In U.S. History -- NPR

Four paragraphs into a story in today's Los Angeles Times about the flood of reconstruction money that the U.S. poured into Iraq in 2003 and 2004, and $6.6 billion of it that remains unaccounted for, is this stunner:

"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.' "

Read more ....

More News On Missing Iraqi Funds

Feds probe -- for a 3rd time -- loss of billions in Iraqi funds -- CNN
Report: $6B missing in Iraq may have been stolen -- CBS
Missing Iraq money may have been stolen, auditors say -- L.A Times
US: $6.6bn in Iraq aid 'may have been stolen' -- The Independent
Missing $6.6B for Iraq may be stolen -- UPI
Iraqi oil cash was possibly stolen, US says -- Financial Times
Report: $6.6B for Iraq stolen? -- Politico
Revealed: How $6.6billion of taxpayers' money sent to Iraq by Bush may have been STOLEN -- Daily Mail
Missing Iraqi billions 'probably stolen' -- Sydney Morning Herald
Where Did $6.6 Billion in Cash for Iraq Go? -- PBS Newshour
Whatever happened to that $6.6 billion in cash we sent to Iraq? -- Rick Moran, American Thinker

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