TV News LIES

Saturday, Mar 28th

Last update04:24:42 AM GMT

You are here News War Final report on Iraq reconstruction says fraud, waste cost U.S. $1.5 billion

Final report on Iraq reconstruction says fraud, waste cost U.S. $1.5 billion

E-mail Print PDF

Iraq fraudThe $40 million shell of an unfinished prison in Iraq’s Diyala province; $2 million in laundered cash pocketed by government officials and contractors in Hilla; an $80 invoice on a $1.41 piece of PVC piping from a defense subcontractor near Baghdad.

Those are just three examples of fraudulent and wasteful spending that plagued U.S. reconstruction efforts in Iraq, according to the Special Inspector General for Iraq Reconstruction, which on Tuesday issued its final report on the U.S. government’s $60 billion reconstruction program for that country.

The report identified at least $1.5 billion in wasted or questionable spending during the period from 2004 to 2013. It urged Congress to create a new agency, the Office for Contingency Operations, which would oversee and coordinate such reconstruction in the future, prospectively avoiding some of the worst excesses.

“If it had existed at the outset of the Iraq program, the United States might have avoided wasting billions of taxpayer dollars,” said the report, titled “Learning from Iraq.”

More...


Most Recent Related Stories...


Body Count Report Reveals At Least 1.3 Million Lives Lost to US-Led War on Terror

body count: war on terrorHow do you calculate the human costs of the U.S.-led War on Terror?On the 12th anniversary...

Afghanistan gave CIA money to al Qaeda for diplomat's ransom

CIA gave million to Bin ladenAbout $1 million provided by the CIA to a secret Afghan government fund ended up in...

Companies Profiting The Most From War

weapons of warWorldwide military expenditure shrunk in 2013 for the second consecutive year, falling by 1.9% to $1.75...

Afghan war civilian casualties reached record-high 10,000 in 2014

Afghan civilian casualtiesA new record of 10,548 civilians died or were wounded in the war in Afghanistan in...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!