Disagreeable
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Most of this money apparently was lost by the government that the Bush Bunch named after the invasion. Or at least that's what the current government says. Actual losses may be as much as $2Billion missing. That's your money, folks. Thrown away in the desert of Iraq.
Link below; my emphasis.
"England (Reuters) -- Large-scale corruption in Iraq's ministries, particularly the defense ministry, has led to one of the biggest thefts in history with more than $1 billion going missing, Iraq's finance minister said in an interview.
"Huge amounts of money have disappeared. In return we got nothing but scraps of metal," Finance Minister Ali Allawi told British newspaper The Independent in a report published on Monday. "It is possibly one of the largest thefts in history."
Corruption, both in the bidding for and the awarding of contracts, and in the administration of public offices, is one of the most frequent accusations made by Iraqis against their government and foreign firms operating in the country.
Some of the worst allegations of impropriety concern the purchasing of military equipment by the defense ministry under the previous government, including more than $230 million spent on 28-year-old second-hand Polish helicopters..."
http://www.cnn.com/2005/WORLD/meast/09/19/iraq.corruption.reut/index.html?section=cnn_latest
Link below; my emphasis.
"England (Reuters) -- Large-scale corruption in Iraq's ministries, particularly the defense ministry, has led to one of the biggest thefts in history with more than $1 billion going missing, Iraq's finance minister said in an interview.
"Huge amounts of money have disappeared. In return we got nothing but scraps of metal," Finance Minister Ali Allawi told British newspaper The Independent in a report published on Monday. "It is possibly one of the largest thefts in history."
Corruption, both in the bidding for and the awarding of contracts, and in the administration of public offices, is one of the most frequent accusations made by Iraqis against their government and foreign firms operating in the country.
Some of the worst allegations of impropriety concern the purchasing of military equipment by the defense ministry under the previous government, including more than $230 million spent on 28-year-old second-hand Polish helicopters..."
http://www.cnn.com/2005/WORLD/meast/09/19/iraq.corruption.reut/index.html?section=cnn_latest
