U.S. authorities in Baghdad spent hundreds of millions of Iraqi dollars
without keeping good enough records to show whether they got some
services and products they paid for, government investigators said.
Officials of the former Coalition Provisional Authority did not have
records to justify the $24.7 million cost for replacing Iraq's
currency, according to the report from the authority's inspector
general. The report also said the authority paid nearly $200,000 for 15
police trucks without knowing if the trucks were delivered. The report,
released in Iraq late Wednesday, is the first formal audit of
contracting procedures under the authority, which oversaw billions of
dollars in reconstruction spending that critics say was doled out
without proper controls. [more]
Article originally appeared on (http://brownwatch.com/).
See website for complete article licensing information.