Monday, June 13, 2011

Democracy Now: $6.6 Billion Shipped to Iraq Alleged Stolen: Possibly "Largest Theft of Funds in National History"

$6.6 Billion Shipped to Iraq Alleged Stolen: Possibly "Largest Theft of Funds in National History"
Democracy Now

Federal auditors now believe as much as $6.6 billion earmarked for Iraq might have been stolen in the early years of the Iraq war in what is now being described as possibly "the largest theft of funds in national history." Between 2003 and 2004, the United States shipped $12 billion in cash to Iraq in what was the biggest international cash airlift of all time. For years, the Pentagon has been unable to account for where more than half the money went. The Los Angeles Times reports Iraqi officials are now threatening to go to court to reclaim the money, which came from Iraqi oil sales, seized Iraqi assets and surplus funds from the United Nations’ oil-for-food program.

1 comment:

Cletis L. Stump said...

Damn pikers. They should contact Wall Street to see how to properly steal money.