Massive fraud, theft, corruption in Iraq rebuilding
January 30, 2006 11:32 AM Subscribe
Massive fraud, theft, corruption in Iraq rebuilding ...Iraqi money gambled away in the Philippines...spent on a swimming pool that was never used...US$700,000 in cash in an unlocked footlocker...millions to companies that never submitted required competitive bids or that were paid for unfinished work...paid US$14,000 on four separate occasions for the same job...US$1.3 million wasted on overpriced or duplicate construction or equipment not delivered..."needlessly disbursed more than US$1.8 million" of the estimated US$2.3 million spent for renovating the library...
from new auditor reports from the Special Inspector General for Iraq Reconstruction.
posted by Kickstart70 (48 comments total)
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