Billions In Coalition-Controlled Dollars Missing In Iraq- Says US Colonel

[JSJ]

One of the Biggest Heists in History

By David H. Hackworth



In Iraq, $8.8 billion is MIA. Serious dough even for the big spenders in Washington, D.C.



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.”



Offshore bankers must be burning the midnight oil these days with all the new secret accounts pouring out of Baghdad!



And small wonder that L. Paul Bremer went to ground in June after he turned the running of Iraq over to the Iraqis, closed down the CPA and flew home for an attaboy lunch with President Bush at the White House.

http://www.sftt.org/cgi-bin/csNews/csNews.cgi?database=Hacks%20Target%20Homepage.db&command=viewone&op=t&id=77&rnd=106.17153817391067

Now, here's my conclusion: Stealing tax-payer money was/is all part of the neo-con's and the Bush Administration's plan as they go from one financial boondoggle twisted into the form of nation building to the next. If the Bush people are one thing and one thing only, they are the most audacious criminals in the history of Empire. -SJ

[lapfog_1]

1. OMG

could we be living a twisted version of a movie...

could the whole sick 9/11 (MIHOP in this version) and war
on Iraq just be an excuse to siphon off $8+ Billion?

Are we all just living through a more complex version of
"Die Hard"?

\\\jamming on my tinfoil hat before bed\\\

[Karenina]

2. ...

:kick: