yo yo yo search it!

Monday, August 22, 2005

corruption in iraq?

say it ain't so.............. Millions embezzled at Iraqi ministry
British officials are seriously concerned about the level of
corruption in the Iraqi defence ministry, after the embezzlement of vast amounts
of money earmarked for the country's security forces.
Officials from the
British Ministry of Defence had already warned US and Iraqi authorities against
the squandering of money - and have been proved right, on a catastrophic scale.
A report compiled by the Iraqi Board of Supreme Audit has concluded that at
least half, and probably more, of $1.27bn (£700m) of Iraqi money spent on
military procurement has disappeared into a miasma of kickbacks and vanished
middlemen - or else has been spent on useless equipment.

No comments: