Audit: Millions wasted in S. Korea

[unhappycamper]

Audit: Millions wasted in S. Korea
By Erik Slavin, Stars and Stripes
Pacific edition, Sunday, February 8, 2009

Army commands in South Korea squandered millions of dollars because of lack of contract oversight, according to a 2008 Army Audit Agency investigation of Contracting Command Korea.

The audit reviewed contracts from 2002 through 2006. Reviews of 117 projects valued at about $17.6 million showed that 93 contained a total of about $2.4 million in waste.

Contract managers, most of whom were assigned oversight tasks as an extra duty, authorized at least $1.1 million in payments for work that didn�ft match contract specifications.

Contract Command Korea and U.S. Forces Korea did not respond to a Stars and Stripes request for comment on the report.

Some documents following the report address steps being taken to remedy the findings.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=60550