
“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:
Facebook-WhatsApp Deal Haunted by Past Web Merger Flops
Support for Kill List and NDAA make Obama and Romney unfit for office
Owner of 'Obama Gas Station' faces tax evasion charges
Cop on Christie detail caught shoplifting
World's Nicest Traffic Cop Has Issued 25,000 Tickets With Zero Complaints
Air Force One needs 2 new refrigerators. Together, they cost $24 million.
MSCI backs itself into corner on China share inclusion into global index
Koreas declare commitment to full denuclearization, ending 70-year war
Naturalized Americans No Longer Have an Assumption of Permanence
Bipartisan bill would require a warrant for police to search emails
Currency Market Unsettled by Trader Exits on Lawsky Probe
Bitcoin: The currency that buys a pint one week but a TV the next
CNBC: Bitcoin Bonanza
The wheels are coming off the whole of southern Europe
USDA spends $2M, gets one intern, program fails