Saturday, August 21, 2004

Quelle suprise

At least $8.8 billion in Iraqi funds that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, according to a draft U.S. audit set for release soon.

The audit by the Coalition Provisional Authority's own Inspector General blasts the CPA for "not providing adequate stewardship" of at least $8.8 billion from the Development Fund for Iraq that was given to Iraqi ministries.
CNN article

The CPA spent $18 billion for development. Considering the hoodlums in charge, I'd say the ministries were lucky to see half.

....but hey, do what you want....you will anyway.

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