Go Report

Let's just toss out the Constitution…Civil Liberties don't matter

Archive for the ‘U.S. Military’ Category

Audit: US cannot account for $8.7B in Iraqi funds

leave a comment »

A U.S. audit has found that the Pentagon cannot account for over 95 percent of $9.1 billion in Iraq reconstruction money, spotlighting Iraqi complaints that there is little to show for the massive funds pumped into their cash-strapped, war-ravaged nation.

The $8.7 billion in question was Iraqi money managed by the Pentagon, not part of the $53 billion that Congress has allocated for rebuilding. It’s cash that Iraq, which relies on volatile oil revenues to fuel its spending, can ill afford to lose.

via Audit: US cannot account for $8.7B in Iraqi funds – Yahoo! News.

Advertisements

Written by admin

July 27, 2010 at 8:58 pm