Iraq audit can't find billions

[Jon8503]

This doesn't look good. About half of the roughly $5 billion in Iraq reconstruction funds disbursed by the US government in the first half of this year cannot be accounted for, according to an audit commissioned by the United Nations, which could not find records for numerous rebuilding projects and other payments. One chunk of the money -- $1.4 billion -- was deposited into a local bank by Kurdish leaders in northern Iraq but could be tracked no further: The auditors reported that they were shown a deposit slip but could find no additional records to explain how the money was used or to prove that it remains in the bank... The auditors said they were told by US officials that all discrepancies were ''under investigation."

http://www.boston.com/news/nation/articles/2004/10/16/iraq_audit_cant_find_billions?mode=PF

[LizW]

1. No surprise there.

Iraq is a huge money funnel for American tax dollars and Iraqi oil money into the coffers of Bushco supporters. We will never know the full extent of the corruption and how much money was/is being/will be stolen.

[BlueEyedSon]

2. Look in Bremer's suitcase....

[leftofthedial]

3. freedom is on the march!

the Iraqi people, or at least a few of them, are grateful

[pansypoo53219]

4. just remember

it's YOUR money

[mike_c]

5. in other news...

...Haliburton installs gold-plated fixtures in its executive washroom, top company officials enthusiastic about replacing toilet paper rolls with $100 bill dispensers. "We gotta room fulla' blind Pakistani food service workers rubbin' 'em down 24/7 to make them crisp new bills soft enough," reported a satisfied anonymous company spokesperson. "It's bettern' silk. Next time we're gonna tell Congress to send used C-notes! We're makin' progress...."

[Jon8503]

6. Going to have to leave & go to the gym on that one. This gets

depressing when you see all that is going on in the name of what? When you read about the troops and the casualties, loss of limbs and then those such as Halliburton all in the name of money. However, we have to stay vigilant and try to make change for the better. Thanks for posting.