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Elvira Feb 9th 2007 4:57 pm

Billions of dollars lost in Iraq
 
I've only just seen this:

***The former head of the US-led civilian administration in Iraq has defended his decision to send billions of dollars in cash to Baghdad in 2003 and 2004.

Paul Bremer told a Congressional committee investigating allegations of waste and fraud that he had done his best to kick-start Iraq's economy.

The funds came from Iraqi oil revenue and previously frozen assets.

Much of the money went missing and critics say there was no system to track how it was used...................***

http://news.bbc.co.uk/2/hi/americas/6338341.stm

HTF does one lose NINE BILLION DOLLARS - even in a war zone? :confused:

BigDavyG Feb 9th 2007 5:02 pm

Re: Billions of dollars lost in Iraq
 

Originally Posted by Elvira (Post 4382327)
HTF does one lose NINE BILLION DOLLARS - even in a war zone? :confused:

Plenty of people will happily take it off your hands.
However if you are posting this as some kind of anti-war message think again. All it goes to prove is that yet again the greedy, incompetent and corrupt run the show and we all knew that anyway.

Dan725 Feb 9th 2007 8:49 pm

Re: Billions of dollars lost in Iraq
 
Health insurers and medical billing companies probably got over there and embezzled it :sneaky:

Paul S Feb 9th 2007 11:48 pm

Re: Billions of dollars lost in Iraq
 

Originally Posted by Elvira (Post 4382327)
HTF does one lose NINE BILLION DOLLARS - even in a war zone? :confused:

store it next to the WMD's:rofl: :rofl: :p

anotherlimey Feb 10th 2007 12:50 am

Re: Billions of dollars lost in Iraq
 

Originally Posted by Elvira (Post 4382327)
I've only just seen this:

***The former head of the US-led civilian administration in Iraq has defended his decision to send billions of dollars in cash to Baghdad in 2003 and 2004.

Paul Bremer told a Congressional committee investigating allegations of waste and fraud that he had done his best to kick-start Iraq's economy.

The funds came from Iraqi oil revenue and previously frozen assets.

Much of the money went missing and critics say there was no system to track how it was used...................***

http://news.bbc.co.uk/2/hi/americas/6338341.stm

HTF does one lose NINE BILLION DOLLARS - even in a war zone? :confused:

They did build that big powerplant... oh but it was missing something... what was it.... oh yes, a connection to the main powergrid. :rofl:


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