Wednesday, September 21, 2005

Independent Online Edition > Middle East : app3

$1 Billion Missing in Iraq

The Independent newspaper reported that $1 Billion of $1.2 Billion in aid that the U.S. gave to the new government in Iraq for the purpose of re-equipping their military is missing and is presumed to have been skimmed by corruption throughout the new regime and their arms suppliers.

The total missing from all ministries is estimated at $2 Billion. This exceeds the $1.8 Billion that Sadam Hussain allegedly received in kick-backs unde rthe UN's Oil for Food program. The Independent points out "The UN was pilloried for not stopping [the Oil-for-Food] corruption. The US military is likely to be criticised over the latest scandal because it was far better placed than the UN to monitor corruption."


Independent Online Edition > Middle East : app3

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