TV News LIES

Saturday, Aug 30th

Last update06:55:34 PM 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...


US military deaths in Afghanistan at 2,199

Afghanisgtan - US war deadAs of Wednesday, August 13, 2014, at least 2,199 members of the U.S. military had died...

U.S. airstrikes underway in Iraq, destroying Islamic State artillery

US hits ISISThe Pentagon confirmed Friday that the U.S. military has begun "targeted" airstrikes against Islamic State terrorists...

Saving Iraqis the US left behind

Iraqis left behindAfter the U.S. invaded Iraq in 2003, Hakim, a 49-year-old Sunni Iraqi, helped the U.S. and...

Attack at Afghan base kills US general, wounds 15

Camp QuarghaA U.S. Army major general was killed in an attack at an Afghan military base 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!