Reply #1: i think it should be an issue---shows shrub et al had no plan

[cornfedyank]

here's where i first saw it

http://www.military.com/Resources/ResourceFileView?file=Hackworth_080204.htm

A pal in Iraq slipped me a draft Coalition Provisional Authority (CPA) Inspector General (IG) report dated July 12, 2004, that blisters the CPA for giving the missing billions to Iraqi ministries without appropriate controls.

The IG report concludes: "The CPA did not provide adequate stewardship of over $8.8 billion in DFI (Development Fund for Iraq) funds provided to Iraqi Ministries through the national budget process. Specifically, the CPA did not establish and implement adequate managerial, financial, and contractual controls over the funds to ensure they were used in a transparent manner."

snip

For example, the CPA paid 74,000 guards even though the actual number of guards couldn't be validated. On one site alone, 8,206 guards were on the payroll, but only 603 warm bodies could be counted. Elsewhere, more than $17 million was allocated to guards and the Iraqi army without one piece of backup paper. Pals in Iraq say this has been standard drill since the birth of "a very dysfunctional" CPA.

The report cites, "An improper $120 million disbursement was made in May 2004 because of miscommunication between CPA/OMB and Comptroller's office." In other words, $120 million went south but was blithely rationalized as some clerks getting their wires crossed!