Republican Administration Can't Account For $5.2 Billion Missing From Iraq Fund

H

Harry Hope

Guest
From The BBC, 12/7/07:
http://news.bbc.co.uk/1/hi/world/middle_east/7132310.stm

Not all the Iraqi training money can be accounted for

A $5.2bn fund used to train and equip Iraqi security forces cannot be
shown to have been used properly, US military auditors say in a new
report.

Sloppy accounting by the US army command meant there was no paper
trail for much of the spending, they say.

The report, based on a visit from March to May this year, said high
levels of violence made it hard to oversee management of the fund.

However, it also said commanders had begun implementing recommended
changes.

Shortcomings

The report said the Multi-National Security Transition Command-Iraq
was unable to provide "reasonable assurance" that money was not wasted
and that the intended results had been achieved.

And it could not always show that equipment, services and construction
had been delivered properly.

In the report, the Inspector-General's office called for improvements
to the way the command kept track of money.

The report highlighted a number of shortcomings including:

a paper trail available for only 12.9% of arms, ammunition and
other purchases worth $643m

a paper trail available for only 1% of a separate series of
purchases worth $82.8

only 13 of 31 heavy-tracked recovery vehicles worth $10.2m could
be accounted for

only 12 of 18 rubbish trucks worth $700,000 could be accounted
for

no proof that 2,126 of 2,943 generators worth $7m had been
received by Iraqi security forces

But the report was happier with the way the command had purchased
services.

It said there was documentation for 95.5% of $1.2bn spent on food
preparation, maintenance, sanitation, freight, lodging and security.

'No intentional fraud'

This is the latest in a series of reports criticising economic
performance in Iraq.

In October, the US State Department said a $1.2bn contract for
training Iraqi police was so badly managed that auditors did not know
how the money was spent.

The private US company running the programme, DynCorp, said there had
been no intentional fraud.

In July, the head of the US agency overseeing reconstruction in Iraq,
Stuart Bowen, told the BBC that economic mismanagement and corruption
were equivalent to a second insurgency.

At the same time Oxfam and a coalition of Iraqi NGOs said nearly a
third of the population was in need of immediate emergency aid.

And in January, Mr Bowen said in a report to the US Congress that
millions of dollars of US reconstruction funds were being wasted.

__________________________________________________

How much more is the Bush Crime Family demanding for its Iraq scam?

Harry
 
SwampMidget <webmaster@101click.com> wrote in alt.politics.bush:

> check in sandy berger's underpants or hillary's commodities trading
> account.


Yet another tough-on-crime-when-it-comes-to-Democrats, coddling-criminals-
if-they-are-Republican loser.
 
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