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Audit: US cannot account for $8.7B in Iraqi funds (AP)

July 27th, 2010 | Author: admin

FILE - In this Dec. 13, 2009 file photo, Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, 550 kilometers (340 miles) southeast of Baghdad, Iraq. A U.S. audit has found that the Defense Department can't properly account for how it spent about 95 percent of $9.1 billion in Iraqi oil money earmarked for rebuilding the war-ravaged country.(AP Photo/Nabil al-Jurani, File)AP – A U.S. audit has found that the Pentagon cannot account for over 95 percent of $9.1 billion in Iraq reconstruction money, spotlighting Iraqi complaints that there is little to show for the massive funds pumped into their cash-strapped, war-ravaged nation.


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