Billions set aside for post-Saddam Iraq turned up in Lebanese bunker

“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

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