
“The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent. The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee. In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors. Using C-130 planes, the deliveries took place once or twice a month with the biggest of $2,401,600,000 on June 22 2004, six days before the handover.”
https://www.theguardian.com/world/2007/feb/08/usa.iraq1
Related posts:
NATO airstrike kills two Afghan children
Marines, sailors to 'invade' Jasper County for training mission
Washington State issues how-to regs on growing, selling marijuana
Cypriot president 'warned his friends to move money abroad' before financial crisis hit
Michael Hastings Crash Investigation Heats Up; Police and Fire Told Not To Comment
If You Want To Know Why Things Are Falling Apart, Look at Total Debt
PayPal returns to market with $52 billion valuation
Bitcoin beginning to go mainstream
China stocks rout on first market day of 2016 trips national trading halt
ATM of the future: No cards, no buttons
Nearly half of US doctors struggling with burnout
Jay Leno’s at the Top of his Game, so Why Is NBC Replacing Him?
New UK wealth tax plan to target ALL assets - including jewelry and buy-to-let homes
Belgian diplomat booted from NY golf club, treated like ‘terrorists’ over wife’s breast-feeding
Marijuana Child-Endangerment Cases Continue Despite Changing Laws