19
Sep
2005

Largest Theft in History: $1 Billion Missing in Iraq

The money missing from all ministries under the interim Iraqi government appointed by the US in June 2004 may turn out to be close to $2bn. Of a military procurement budget of $1.3bn, some $200m may have been spent on usable equipment, though this is a charitable view, say officials.

http://www.truthout.org/docs_2005/091905J.shtml
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