Run time: 47:41
https://www.youtube.com/watch?v=n4_Z_gQs-Ac
Posted on YouTube: March 01, 2011
By YouTube Member: TheOregonRedneck
Views on YouTube: 19
Posted on DU: March 06, 2011
By DU Member: Charleston Chew
Views on DU: 545 |
The coalition was given trusteeship of nearly 20 billion dollars of Iraq's money, nearly all of it was spent with no accountability and records. Fraud and corruption rampantly consumed much of these funds. Paul Bremer who headed the Coalition Provisional Authority made certain that as much of the money was spent as possible.
"Iraq's Missing Billions - Dispatches investigats Iraqs missing money" has some heartbreaking stories of actual Iraqi citizens and their children. Shows that the infrastructure, especially water and hospitals, which supposedly had billions spent on it though is still in shambles. Where did the money go!?
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BBC uncovers lost Iraq billions
Tuesday, 10 June 2008
A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.
The BBC's Panorama programme has used US and Iraqi government sources to research how much some private contractors have profited from the conflict and rebuilding.
A US gagging order is preventing discussion of the allegations.
The order applies to 70 court cases against some of the top US companies.
http://news.bbc.co.uk/2/hi/7444083.stm__________
US 'fails to account' for Iraq reconstruction billions
27 July 2010
A US federal watchdog has criticised the US military for failing to account properly for billions of dollars it received to help rebuild Iraq.
The Special Inspector General for Iraq Reconstruction says the US Department of Defence is unable to account properly for 96% of the money.
Out of just over $9bn (£5.8bn), $8.7bn is unaccounted for, the inspector says.
The US military said the funds were not necessarily missing, but that spending records might have been archived.
In a response attached to the report, it said attempting to account for the money might require "significant archival retrieval efforts".
http://www.bbc.co.uk/news/world-south-asia-10774002__________