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Billions of dollars lost in Iraq

Billions of dollars lost in Iraq

Old Feb 9th 2007, 4:57 pm
  #1  
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Angry 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?
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Old Feb 9th 2007, 5:02 pm
  #2  
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Default Re: Billions of dollars lost in Iraq

Originally Posted by Elvira View Post
HTF does one lose NINE BILLION DOLLARS - even in a war zone?
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.
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Old Feb 9th 2007, 8:49 pm
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Default Re: Billions of dollars lost in Iraq

Health insurers and medical billing companies probably got over there and embezzled it
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Old Feb 9th 2007, 11:48 pm
  #4  
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Default Re: Billions of dollars lost in Iraq

Originally Posted by Elvira View Post
HTF does one lose NINE BILLION DOLLARS - even in a war zone?
store it next to the WMD's
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Old Feb 10th 2007, 12:50 am
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Default Re: Billions of dollars lost in Iraq

Originally Posted by Elvira View Post
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?
They did build that big powerplant... oh but it was missing something... what was it.... oh yes, a connection to the main powergrid.
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