Inspector: $6.6 billion allegedly stolen in Iraq has been found

[ensho]

http://www.rawstory.com/rs/2011/10/27/inspector-6-6-billion-allegedly-stolen-in-iraq-has-been-found/


-snip-

While it was thought to have gone missing, an earlier SIGIR report said the funds were not accounted for due to the “weaknesses” of the Pentagon’s management and control mechanisms for their oversight.

Turns out, SIGIR now says the funds were actually being held by the Central Bank of Iraq, where they belonged.

-snip-

Officials in the Bush administration had hoped the massive pallets of cash would help calm Iraq’s civilian population following the chaotic and violent invasion and toppling of Saddam.

Investigators said in 2005 that Bush officials apparently neglected to put procedures in place to track the money or hold recipients accountable for its proper applications.
-------------------

sure

(at the time the pallets of billions of cash were flown over I couldn't get over how bazaar it was. that's not how money goes from one bank to another in the real world)

[Octafish]

1. ''...being held by the Central Bank of Iraq, where they belonged.''

"I'll say."

[ensho]

4. and there sits bloody hands poppa

nt

[hobbit709]

2. and if you believe this story

I got a bridge to sell you. Hell, I'll even throw in a couple of monuments.

[Frustratedlady]

3. This is October, isn't it? Surely, it isn't April 1st.

How stupid do they think we are?

That money should have been sent by wire transfer, anyway. I never did figure out why they'd ship pallets of cash.

Oh, yeah! That was the Bush/Cheney admin. I forgot!