u.s. fraud in iraq

[seabeyond]

The US has allocated $23 billion for new infrastructure and Bowen's previous reports have already highlighted huge sums of missing money.

He also told how $7 million intended for the troubled Hilla region south of Baghdad had disappeared. The money came from the Development Fund for Iraq, money from oil sales that the US-run former Coalition Provisional Authority used for development projects.

"There was no accountability, no records," Bowen said. "Unfortunately there were possible fraudulent activities occurring."

"They were sent to Hilla to accomplish quick term projects like a police station in Kerbala or a library in Hilla. We found out that not only were the projects not completed but the money that was allocated for these projects was missing," Bowen said.

http://raedinthemiddle.blogspot.com/

[European Socialist]

1. Yet, Amtrak had to struggle for 2 billion

[KG]

2. thats what hppens when the money is dispersed in duffle bags

[seabeyond]

3. i love raed. i have been reading him prior to invasion

i read him every couple days for two and a half years. the best. watching how he has changed thru this whole thing. his whole family is blogging now. his brother was arrested not long ago. they have no idea why. mother was afraid was because of the blogging os i guess she wiped out hers. he was released a couple days ago.

raed is an excellent read, very interesting and an educational read on what is happening in iraq