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Pentagon cannot account for 15 billion in Iraq war spending

[views:2687][posts:16]
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[May 23,2008 9:12pm - zyklon ""]
The Pentagon cannot account for nearly 15 billion dollars in payments for goods and services in Iraq, according to an internal audit which members of Congress blasted Friday as a "shocking" accountability failure.

Of 8.2 billion dollars in US taxpayer-funded defense contracts reviewed by the defense department's inspector general, the Pentagon could not properly account for more than 7.7 billion dollars.

The lack of accountability of the funds, intended for purchases of weapons, vehicles, construction equipment and security services, amounted to a 95 percent failure rate in basic accounting standards, according to the report.

"We estimated that the army made 1.4 billion dollars in commercial payments that lacked the minimum documentation for a valid payment, such as properly prepared receiving reports, invoices, and certified vouchers," deputy inspector general Mary Ugone told a Congressional committee Thursday.

"We also estimated that the army made an additional 6.3 billion dollars of commercial payments that met the 27 criteria for payments but did not comply with other statutory and regulatory requirements."

The Pentagon also was found to have given away another 1.8 billion in Iraqi assets "with absolutely no accountability," said Congressman Henry Waxman, chairman of the House Committee on Oversight and Government Reform.

"Investigators examined 53 payment vouchers and couldn't find even one that adequately explained where the money went."

Another five billion dollars spent on supporting the Iraqi security forces could not be properly traced, according to a November 2007 inspector general report.

"Taken together, the inspector general found that the defense department did not properly account for almost 15 billion dollars," Waxman said.

The disclosures sparked outrage among legislators and concern that US taxpayers are deeply vulnerable to massive waste and fraud in the Pentagon's contracting system.

"The report has new shocking details of billions of dollars of American taxpayer money unaccounted for and likely wasted, which should be a wake-up call to Congress and the (President George W.) Bush administration that the status quo is unacceptable," Democratic senator and presidential candidate Hillary Clinton said in a statement.

"American taxpayers are picking up the tab for Iraqi ministries, coalition governments, US and foreign contractors, Iraqi security forces, and Blackwater and other US security companies," Waxman said.

"In one remarkable instance, a 320-million-dollar payment in cash was handed over with little more than a signature in exchange."

The Pentagon to date has been appropriated 492 billion dolllars to support Operation Iraqi Freedom, according to Ugone.
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[May 23,2008 9:22pm - Hoser ""]
Where did you find this?
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[May 23,2008 9:23pm - Hoser ""]
and unless you're a moron...why were you looking?
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[May 23,2008 11:23pm - chillywillywongaface  ""]
I can't account for $80 this week. Big fucking deal fagbert.
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[May 24,2008 8:25am - the_reverend ""]
I wouldn't be surprised if this is a lot higher than 15 billion.
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[May 24,2008 11:04am - chillywillywongaface  ""]
Be what?
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[May 24,2008 11:17am - zyklon ""]

Hoser said:Where did you find this?



Yahoo newz
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[May 24,2008 11:31am - the_reverend ""]
yahoo news? you commie.
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[May 24,2008 12:17pm - zyklon ""]
hahahaha
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[May 24,2008 1:20pm - GoatCatalyst ""]
I hope our economy completely collapses and we fall into a depression that makes that of the 20s/30s look like prosperity by comparison, while we aggressively pursue our imperialist agenda abroad, making us vulnerable to foreign invasion and we are all miserable, oppressed and speaking Russian in two years.
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[May 24,2008 1:39pm - BSV  ""]
this is what happens when the U$A tries to be fucking hippie do gooders all over the place.
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[May 24,2008 1:44pm - the_reverend ""]
MOAR JANE FONDA
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[May 24,2008 2:04pm - the_reverend ""]
horrorshow comrade.
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[May 24,2008 6:03pm - NippleViolater ""]

BSV said:this is what happens when the U$A tries to be fucking hippie do gooders all over the place.


Holy shit.
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[May 24,2008 6:30pm - GEORGE ZIMMER  ""]
[img]

HI, I'M GEORGE ZIMMER, FOUNDER AND CEO OF THE MEN'S WEARHOUSE. 9/11 WAS A LIE. THERE WERE NO TOWEL HEADS. THERE WAS NO AIRPLANE. IN TRUTH I WAS VISITING THE BIG APPLE, SO AS TO COMPARE MY GARGANTUAN MEAT TRAIN TO IT AND LAUGH AT THE GASPING NEW YORKERS AS I POUNDED THEIR BELOVED NAMESAKE INTO BIG APPLE SAUCE. HAVING NOT GOTTEN RELEASE FROM MY CULINARY EXERCISE, I MEANDERED DOWN THE STREET WITH MY VITAL BLOOD ENGORGED SEWER PIPE OUT IN FRONT OF ME LIKE A BLIND MAN'S CANE, LOOKING FOR A HOLE IN THE BACKSIDE OF A WOMAN WHICH I WOULD STRETCH BEYOND HUMAN LIMITS. I SPOTTED AT THAT VERY MOMENT AN ATTRACTIVE FEMALE IN A MINISKIRT WAVING AT ME. I SLAPPED HER TO THE GROUND WITH MY ENORMOUS PHALLUS AND QUICKLY RAVISHED HER SKIRT LIKE A STARVED DOG ON A BABY MADE OF STEAK. THE SIGHT THAT AWAITED BOTH SHOCKED AND ENRAGED ME. AFTER SEEING THIS "WOMAN'S" RAISIN-SIZED WINKY WINKLER, I VOMITED DOWN HIS THROAT AND PENETRATED HIS ESOPHAGUS, RIPPED OUT HIS SPINE AND PEELED HIS CORPSE FROM MY MONEYMAKER. TO TEACH ALL OF NEW YORK A LESSON FOR LETTING THIS FLAMING FAG BAG LIVE, I LET LOOSE A SEMENAL FLOOD OF BIBLICAL PROPORTIONS UPON THE TOWERS OF TWO (AT WHOM'S SMALL SIZE I LAUGHED LIKE A CLOWN RAPING AN 8 YEAR OLD), WHICH CAUSED THEM TO COME CRASHING DOWN LIKE ME AFTER A WEEKEND METH BINGE. I MOCKED THE NEW YORKERS AND MADE NIGGER JOKES AS THEY RAN FROM MY EVER EXPANDING CLOUD OF SPERMAZOA, MASTURBATING TO THE LOOKS OF HORROR ON THEIR FACES. THE GOVERNMENT, IN AN ATTEMPT TO SAVE FACE AND BECAUSE THEY HATE ARABS MORE THAN JEWS, PAINTED A BOEING 767 ON MY GIGANTIC COCK AND CALLED IT A TERRORIST ATTACK. THE FEELING OF PAINTBRUSHES ON MY DICK MADE ME COME AGAIN, AND PRESIDENT BUSH SNORTED UP EVERY LAST DROP BECAUSE HE THOUGHT IT WAS COKE. I GUARANTEE IT.
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[May 24,2008 11:59pm - sxealex ""]
HAHA WOOHOO
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[May 25,2008 12:43am - deadlikemurf ""]
anyone check Cheney's wallet yet?


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