http://www.csmonitor.com/2004/0423/dailyUpdate.htmlReport alleges 20 percent of Iraq reconstruction costs lost to corruption.
by Tom Regan | csmonitor.com
Iraq's private companies routinely pay bribes to get reconstruction contracts – often to Iraqi officials but sometimes to employees of US contractors. That's one of the allegations that has been made by a special investigation undertaken by public radio's Marketplace and the Center for Investigative Reporting, and funded by The Economist magazine. The result, according to experts monitoring the situation, is almost 20 percent of the billions of American taxpayers dollars being spent to rebuild Iraq is being lost to corruption.
Meanwhile, the report also documents the failure of the US government to effectively oversee expenditures in a reconstruction effort that the reports says costs 10 times more per capita than the Marshall Plan (the US-led effort to rebuilt Germany after WWII).
Some of the problems uncovered by Marketplace correspondent Adam Davidson in Iraq include:
Officials at Iraq's Central Bank say senior Iraqi Ministry officials regularly pocket reconstruction money.
Every Iraqi ministry is touched by corruption, the report alleges. The health department sells medical supplies on the black market, other ministries sell valuable equipment, while housing officials take money to allocate homes to the highest briber.
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