10-24-2004, 01:25 PM
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#6 (permalink)
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Insane
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WASHINGTON — A comprehensive examination of the U.S.-led agency that oversaw the rebuilding of Iraq has triggered at least 27 criminal investigations and produced evidence of millions of dollars' worth of fraud, waste and abuse, according to a report by the Coalition Provisional Authority's inspector general.
The report is the most sweeping indication yet that some U.S. officials and private contractors repeatedly violated the law in the free-wheeling atmosphere that pervaded the multibillion-dollar effort to rebuild the war-torn country.
More than $600 million in cash from Iraqi oil money was spent with insufficient controls. Senior U.S. officials manipulated or misspent contract money. Millions of dollars' worth of equipment could not be located, the report said.
Iraq Funds Are Focus of 27 Criminal Inquiries
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WASHINGTON - Three U.S. senators have called on Defense Secretary Donald Rumsfeld to account for 8.8 billion dollars entrusted to the Coalition Provisional Authority (CPA) in Iraq earlier this year but now gone missing.
In a letter Thursday, Senators Ron Wyden of Oregon, Byron L Dorgan of North Dakota and Tom Harkin of Iowa, all opposition Democrats, demanded a "full, written account" of the money that was channeled to Iraqi ministries and authorities by the CPA, which was the governing body in the occupied country until Jun. 30.
The loss was uncovered in an audit by the CPA's inspector general. It has not yet been released publicly and was initially reported on the website of journalist and retired U.S. Army Col David Hackworth.
'Staggering Amount' of Cash Missing In Iraq
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More disturbing news from Iraq: Now United Nations auditors are complaining the Bush administration is holding back information concerning more than $1 billion in reconstruction contracts awarded to several well-connected American firms without competitive bidding.
The complaints come from the International Advisory and Monitoring Board -- a bookkeeping creation of the UN Security Council that includes members from the International Monetary Fund and the World Bank. The board was set up to make sure Iraq's oil revenue would be handled in proper fashion throughout the American occupation.
Bush Cronies Profit from War in Iraq While Our Soldiers Die Every Day
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WASHINGTON, Dec. 11 — A Pentagon investigation has found evidence that a subsidiary of the politically connected Halliburton Company overcharged the government by as much as $61 million for fuel delivered to Iraq under huge no-bid reconstruction contracts, senior military officials said Thursday.
The subsidiary, Kellogg, Brown & Root, also submitted a proposal for cafeteria services that seemed to be inflated by $67 million, the officials said. The Pentagon rejected that proposal, they said.
U.S. Sees Evidence of Overcharging in Iraq Contract
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WASHINGTON - The US Army Corps of Engineers waived a requirement last month that a Halliburton subsidiary provide price and costing data for fuel supplied by a Kuwaiti company despite charges by Pentagon auditors that the US government was being overcharged.
Lieutenant General Robert Flowers, commander of the Army Corps of Engineers, signed the waiver only a week after President George W. Bush declared that the Texas-based energy giant should repay the government if it overcharged for the fuel.
US Army Waived Requirement on Halliburton Contract Despite Alleged Overcharging
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A Christian charity has accused the coalition authority in Iraq of failing to account for up to $20bn (nearly £11bn) of oil revenues which should have been spent on relief and reconstruction projects.
At the same time, the Liberal Democrats are demanding an investigation into the way the US-led administration in Baghdad has handled Iraq's oil revenues. The coalition is obliged to pay all oil revenues into the Development Fund for Iraq, but according to Liberal Democrat figures, the fund could be short by as much as $3.7bn.
Billions of Revenue from Oil 'Missing'
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Is there a pattern here? 
Last edited by hammer4all; 10-24-2004 at 01:28 PM..
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