Pentagon can’t track 95% of Iraq reconstruction funds. ‘It’s a heist’
A billion here, a billion there, before you know it, we’re talking about real money. The Associated Press reports:
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.(more)
Ninety-five percent of the funds missing isn’t lax oversight. It’s a heist.
Add this to the long record of missing weapons, massive cost overruns for projects that go nowhere (in both Iraq and Afghanistan) and the billions in unaccounted for funds that may or may not have been paid to contractors — or Lord knows who — and you might see a pattern here.