Reports: Billions of Iraqi Funds Missing

[Dookus]

http://apnews.myway.com/article/20040628/D83FNOT01.html


LONDON (AP) - Billions of dollars belonging to Iraq is not accounted for by the Coalition Provisional Authority, which was given responsibility by the United Nations for the country's finances, British lawmakers and aid activists said Monday.

There are glaring gaps in the handling of $20 billion generated by Iraq's oil and other sources since the U.S.-led war to oust Saddam Hussein ended last year, according to reports from the Liberal Democrats, Britain's third-largest political party, and Christian Aid.

The Christian Aid report also said the majority of Iraq's reconstruction projects have been awarded to U.S. companies, which charge up to 10 times more than Iraqi firms.

There was no immediate reaction from coalition officials to the reports.

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Is anybody surprised?

[shraby]

1. Not metering the oil?

Hmmm.....Does the name Halliburton sound familiar?

[whirlygigspin]

3. said Cheney: "aw, go fuck yourself"

lol

[Old and In the Way]

2. Since we have been "in charge" since we invaded Iraq and

we empowered the CPA, I assume we, the US taxpayers, will be liable for the mismangement of funds. Shall we add this to the tab?

I still looking for the $400BB this administration drained from our Treasury in 3 years....

[Erika]

4. What A Sick Mess!

Bush and his administration should be prosecuted!

[struggle4progress]

5. dupe

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x650617

[FreakinDJ]

6. I thought they were talking about our Tax dollars

Shit if Haliburton can over charge a few 100 million here and there what makes any one think they would be fair to their torture victims.

Any way what is a few Billion between friends

[0007]

7. When 'ya have freaks like Halliburtion and the Carlyle boys

doing the Arthur Anderson "Cook a Book" thingie and junior running the show what can anyone expect?

[SoCalDem]

8. Quick.... check L.Paul's carry-on baggage

oops ..too late...he already split

[Swamp Rat]

9. With this news plastered all over the TV, I wonder

what will happen to stories about Michael Moore's movie?

[Moderator]

10. duplicate

Please continue the earlier thread:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=650617&mesg_id=650617