Tens of Millions Wasted in Iraq
The latest report from the special inspector general for Iraq reconstruction says tens of millions of dollars have been wasted because of failure and fraud. Among other abuses, the report cites a never-used $48.3-million housing facility, complete with an Olympic-size swimming pool. If Willie Sutton were alive today, he’d head straight to Baghdad.
WAIT, BEFORE YOU GO…
AP via Yahoo!:
The U.S. government wasted tens of millions of dollars in Iraq reconstruction aid, including scores of unaccounted-for weapons and a never-used camp for housing police trainers with an Olympic-size swimming pool, investigators say.
The quarterly audit by Stuart Bowen Jr., the special inspector general for Iraq reconstruction, is the latest to paint a grim picture of waste, fraud and frustration in an Iraq war and reconstruction effort that has cost taxpayers more than $300 billion and left the region near civil war.
“The security situation in Iraq continues to deteriorate, hindering progress in all reconstruction sectors and threatening the overall reconstruction effort,” according to the 579-page report, which was being released Wednesday.
Calling Iraq’s sectarian violence the greatest challenge, Bowen said in a telephone interview that billions in U.S. aid spent on strengthening security has had limited effect. Reconstruction now will fall largely on Iraqis to manage — and they’re nowhere ready for the task.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.