TV News LIES

Thursday, May 26th

Last update05:20:13 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...


Pentagon: U.S. troops sent to Yemen in al-Qaida battle

US troops sent to YemenA "small number" of U.S. troops were deployed to support Arab forces in Yemen, the Pentagon...

U.S. to Admit 20 More Civilian Deaths

drone deaths admittedThe U.S. military will admit later today to nine instances of coalition strikes that have killed...

Obama announces 250 new military personnel for Syria

more troops to SyriaUS President Barack Obama has said he plans to send 250 more troops to Syria, a...

New rules allow more civilian casualties in air war against ISIL

civilian casualties numbers epandedThe Pentagon has approved airstrikes that risk more civilian casualties in order to destroy Islamic State targets as part...
 
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!