Monday, November 18, 2013

Should The Pentagon Be Audited?


Behind The Pentagon’s Doctored Ledgers, A Running Tally Of Epic Waste -- Reuters

Part 2: For two decades, the U.S. military has been unable to submit to an audit, flouting federal law and concealing waste and fraud totaling billions of dollars

LETTERKENNY ARMY DEPOT, Chambersburg, Pennsylvania - Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense’s accounts.

Every month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio, office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. Using the data they received, Woodford and her fellow DFAS accountants there set about preparing monthly reports to square the Navy’s books with the U.S. Treasury’s - a balancing-the-checkbook maneuver required of all the military services and other Pentagon agencies.

Read more ....

My Comment: I find it unbelievable that for almost two decades the Pentagon has been unable (or unwilling) to submit to an audit. Here is an easy prediction .... one day there wall be an audit, and the waste and fraud that will be uncovered will astound us.

1 comment:

albina N muro said...

very month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio, office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. tenuta contabilità srl