Iraq Waste, Fraud Bill Comes To $13 Billion

digg Share this on Facebook Huffpost - stumble reddit del.ico.us RSS

Washington Post   |  Dana Hedgpeth   |   September 23, 2008 12:23 PM


A former Iraqi official estimated yesterday that more than $13 billion meant for reconstruction projects in Iraq was wasted or stolen through elaborate fraud schemes.

Salam Adhoob, a former chief investigator for Iraq's Commission on Public Integrity, told the Senate Democratic Policy Committee, an arm of the Democratic caucus, that an Iraqi auditing bureau "could not properly account for" the money.

While many of the projects audited "were not needed -- and many were never built," he said, "this very real fact remains: Billions of American dollars that paid for these projects are now gone."

Read the whole story here.

A former Iraqi official estimated yesterday that more than $13 billion meant for reconstruction projects in Iraq was wasted or stolen through elaborate fraud schemes. Salam Adhoob, a former chief inv...
A former Iraqi official estimated yesterday that more than $13 billion meant for reconstruction projects in Iraq was wasted or stolen through elaborate fraud schemes. Salam Adhoob, a former chief inv...
 
Comments
1
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
photo

As Mussolini once said (allegedly) when confronted with information on blatant corruption "it"s hard to keep the rats out of the granary".

    Favorite    Flag as abusive Posted 07:48 AM on 10/03/2008
Comments are closed for this entry

You must be logged in to reply to this comment. Log in  or  Connect