August 19, 2004
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Senators Ask Where $8.8 Bln in Iraq Funds Went
By Sue Pleming
WASHINGTON (Reuters) - At least $8.8 billion in Iraqi funds that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, according to a draft U.S. audit set for release soon.
The audit by the Coalition Provisional Authority's own Inspector General blasts the CPA for "not providing adequate stewardship" of at least $8.8 billion from the Development Fund for Iraq that was given to Iraqi ministries.
The audit was first reported on a Web site earlier this month by journalist and retired Col. David Hackworth. A U.S. official confirmed the contents of the leaked audit cited by Hackworth (www.hackworth.com) were accurate.
From HomerTheBrave
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