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BBC: US money is 'squandered' in Iraq

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jannyk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-31-07 06:36 AM
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BBC: US money is 'squandered' in Iraq
We all know this of course but here goes...

<<Millions of dollars in US rebuilding funds have been wasted in Iraq, US auditors say in a report which warns corruption in the country is rife. A never-used camp in Baghdad for police trainers with an Olympic-size swimming pool is one of the examples highlighted in the quarterly audit

Billions of budgeted dollars meanwhile remain unspent by Iraq's government. The report comes as President Bush is urging Congress to approve $1.2bn (£600m) in further reconstruction aid.

One case involved a payment by the US State Department of $43.8m to a contractor, DynCorp International, for a residential camp for police trainers outside the Adnan Palace grounds in Baghdad. The camp has never been used. The Iraqi Interior Ministry ordered $4.2m of work there, never authorised by the State Department, that included 20 trailers for important visitors and an Olympic-size swimming pool.

Rep Henry Waxman is planning in-depth hearings next week into charges of waste and fraud in Iraq.>> Yeah, Go Henry!!

Much more at:

http://news.bbc.co.uk/2/hi/middle_east/6316057.stm
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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-31-07 06:53 AM
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1. Thank Goodness for Waxman....
Follow the Money.......these fat cats don't want their gravy train to go away, so we must surge the troop levels.
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