TV News LIES

Wednesday, Mar 04th

Last update08:53:38 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...


Witnesses Describe Horror Scene After “Double-Tap” Bombing Kills Over 20 at Popular Tehran Square

Douvle tap bombs on civiliansAs groups of families and others gathered Sunday evening at cafes around Niloofar Square—a middle-class area...

Lawmakers: Israeli plan to attack Iran dictated Trump’s decision on strikes

Se. Mark WarnerSenior lawmakers in both parties said Monday that the Trump administration’s decision to launch bombing and...

Kenneth Roth: Trump and Netanyahu’s attack on Iran is an illegal act of aggression

Roth: Trump and Netanyahu's warWe shouldn’t beat around the bush: Donald Trump’s and Benjamin Netanyahu’s military attack on Iran is...

Live: Trump says US-Israeli war on Iran may last ‘four weeks’ as oil prices surge

Attack on IranEvents are still unfolding rapidly across the Middle East, so here's a quick recap: The death...
 
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!