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January 29, 2012
11:26 • 3 weeks ago

The Department of Defense can’t account for a crapload of Iraq War spending

Tags: auditing audits department of defense Iraq iraq war iraq war auditing iraq war spending missing missing money

  • $2 billion of DoD’s Iraq War spending unaccounted for (oops) source

» Audit time! With the Iraq War’s chapter effectively closed, now’s apparently a good time to look back at all the money we spent there. There’s a problem, however: Of the $3 billion the Iraqi government set aside for the Department of Defense to use for reconstruction between 2004 and 2007, approximately two-thirds of that is unaccounted for. Worse, auditors can’t even find most of the documents: ”From July 2004 through December 2007, DoD should have provided 42 monthly reports,” an audit says. “However, it can locate only the first four reports.” Ever lose track of like $2 billion bucks? It’s fun, right?

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    Surprise surprise…wonder where that money went? DoD finally gets caught lining the pockets of a select few.
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