Tuesday, July 27, 2010

$9 billion of Iraqi oil money - where is it?

Have you ever lost track of something - you know where you put your chump change, your glasses, your keys. What's the big deal it's $9 billion?

Amplify’d from articles.latimes.com

Pentagon can't account for $8.7 billion in Iraqi funds

The reconstruction money was from oil revenue it was entrusted with between 2004 and 2007, according to a newly released audit that underscores a pattern of poor record-keeping.

Reporting from Baghdad — The Defense Department is unable to properly account for $8.7 billion out of $9.1 billion in Iraqi oil revenue entrusted to it between 2004 and 2007, according to a newly released audit that underscores a pattern of poor record-keeping during the war.

Read more at articles.latimes.com
 

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