Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Iraq's Allawi Says $1.2 Billion in Army Funds Stolen and Wasted

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
ECH1969 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:13 PM
Original message
Iraq's Allawi Says $1.2 Billion in Army Funds Stolen and Wasted
Iraq's former finance minister said as much as $800 million was stolen from a $1.2 billion fund intended to equip the Iraqi army to control a growing insurgency.

Harvard-educated Ali Allawi, cousin of former interim Prime Minster Ayad Allawi, alleged on the CBS News program ``60 Minutes'' that the money was stolen from the Ministry of Defense.

``I think the figure is probably between $750 and $800 million dollars,'' he said. ``It's a huge amount of money -- gone up in smoke. The culprits are running around the world, hiding and scurrying around.'' The rest of the fund was spent on useless and outdated equipment, CBS said on its Web site, citing Judge Radhi al-Radhi, head of Iraq's Commission on Public Integrity.

http://www.bloomberg.com/apps/news?pid=20601102&sid=asT...
Printer Friendly | Permalink |  | Top
whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:24 PM
Response to Original message
1. Is that all, $1.2 billion, here in the States the Pentagon steals that in a month
Printer Friendly | Permalink |  | Top
 
rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:27 PM
Response to Original message
2. lost in translation from the us to Iraqi
Printer Friendly | Permalink |  | Top
 
Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:27 PM
Response to Original message
3. The Iraqi government sounds like the US government...........
Billions and billions of dollars suddenly goes missing and NO ONE has a clue. 'WE' are led by ABSOLUTE CORRUPTION.
Printer Friendly | Permalink |  | Top
 
babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:54 PM
Response to Original message
4. If it's the same money, this story was profiled on 60 Minutes last night. nt
Printer Friendly | Permalink |  | Top
 
Blackthorn Donating Member (675 posts) Send PM | Profile | Ignore Mon Oct-23-06 06:38 PM
Response to Original message
5. I don't know if you did it or not,
but this story is a classic case of the headline NOT representing the true story. The headline says 1.2bn has been lost, but the first line of the article indicates that the 1.2bn is the total, and only 800m has been lost.

Shoddy, shoddy journalism.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 25th 2014, 02:01 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC