winterbadger: (shaolin evil spirit)
[personal profile] winterbadger
July 29, 2004 | Washington -- U.S. civilian authorities in Baghdad failed to keep good track of nearly $1 billion in Iraqi money spent for reconstruction projects and can't produce records to show whether they got some services and products they paid for, anew audit concludes.

The former Coalition Provisional Authority paid nearly $200,000 for 15 police trucks without confirming they were delivered, and auditors have not located them, the report from the CPA's Inspector General said. Officials also didn't have records to justify the $24.7 million pricetag for replacing Iraqi currency which used to carry Saddam Hussein's portrait, the report said.

The report, released in Iraq late Wednesday, is the first formal audit of contracting procedures under the CPA, which oversaw billions in reconstruction spending that critics say was doled out without proper controls. The agency's defenders say it did the best it could given the pressure of operating in a war zone and trying to get reconstruction going quickly.

The one-star general overseeing reconstruction contracts in Iraq said in response to the audit that the lack of documentation didn't prove the money was wasted.

more at http://www.salon.com/news/wire/2004/07/29/iraq_record/index.html

Profile

winterbadger: (Default)
winterbadger

March 2024

S M T W T F S
     12
34567 89
10111213141516
17181920212223
24252627282930
31      

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jan. 17th, 2026 12:12 pm
Powered by Dreamwidth Studios