
“More than $1bn earmarked for the reconstruction of Iraq was stolen and spirited to a bunker in Lebanon as the American and Iraqi governments ignored appeals to recover the money, it has been claimed. Stuart Bowen, a former special inspector general who investigated corruption and waste in Iraq, said the stash accounted for a significant chunk of the huge sums which vanished during the chaotic months following the 2003 US-led invasion. Bowen’s team discovered that $1.2bn to $1.6bn was moved to a bunker in rural Lebanon for safe keeping – and then pleaded in vain for Baghdad and Washington to act, according to James Risen, a journalist who interviewed Bowen.”
http://www.theguardian.com/world/2014/oct/12/iraq-bilions-iraq-lebanese-bunker
Related posts:
Comply with California water-saving rules, get fined for brown lawn
Police Salaries and Pensions Push California City to Brink
Airport officials will increase security during DNC
China bitcoin arbitrage ends as traders work around capital controls
Charges dropped against parent arrested for speaking against Common Core
U.S. deficit now projected to top $1 trillion starting next year
Carlyle Cuts Apartment Holdings After Rent Growth Slows
Hong Kong relents on patriotism classes on poll eve
Jittery Spaniards Seek Safety in Bitcoins
Feds, truckers clash over new safety rules expected to increase shipping costs
Arson charges brought after accidental hash oil homebrew explosions
4.5 million electronic health records from 20 hospitals compromised
Wegelin chief takes blame for oldest Swiss bank's collapse over U.S. taxes
Crime-Ridden Camden To Dump City Police Force
E-cigarettes to be banned under Oklahoma governor's executive order