Pentagon: U.S. reconstruction program funds not stolen, but
Posted: Wed Oct 26, 2011 9:45 amPentagon: U.S. reconstruction program funds not stolen, but exist in the Central Bank of Iraq
Millions of dollars were found in the palaces of American soldiers after the fall of Saddam regime in April of 2003
Alsumaria News / Baghdad relocating U.S. economic, Wednesday, a new report to the Ministry of Defense confirmed that the investigation carried out showed that the funds in the reconstruction program the U.S. provided to Iraq in 2004 and is said to have been lost in mysterious circumstances, were not lost was not stolen but was transferred to the Central Bank Iraq which is found it is now.
The report said that “the Coalition Provisional Authority led by Paul Bremer, set up by the United States to run Iraq after the invasion in 2003, it controlled during their rule of 14 months (replaced in June 28, 2004) to $ 20.7 billion, within $ 6.6 billion lost, “according to site Bloomberg U.S.. The Inspector General Stuart Bowen’s report said that “money is not missing, and we have enough information to confirm that most of them around to the Central Bank of Iraq, and the other to the Board of Directors of Federal Reserve Bank of New York,” after release of the report did not reach the results of tracking the process of auditing in 2010. The Integrity Committee in the Iraqi parliament and directed, in June 2011, a formal letter to the United Nations says that the “data all indicate that the institutions of the United States in Iraq, committed corrupt financially by theft of $ 6.6 billion allocated for the reconstruction program the U.S..
He said Bowen that “any doubts about how to dispose of that money after it emerged from the United States are the responsibility of the Baghdad government and not the U.S. government.” He asked Bowen in the report “on the authority of the Ministry of Defence U.S. when seized $ 217.7 million was hidden in the basement of one of the presidential palaces “, in reference to that which was owned by Saddam Hussein. It is expected to issue another report on the audit in January 2012, on the amount of $ 2.8 billion used by the agencies under the Ministry of Defense, including the Corps of Engineers U.S. Army, to take actions reconstruction projects in Iraq.
The Iraqi Council of Ministers announced on 6 October 2011, the formation of a special committee to follow the disappearance of $ 17 billion from the Development Fund for Iraq, and periodically report monthly to the Committee to Protect Iraq’s money , noting that it includes representatives of the Ministry of Finance and Audit Court and the Central Bank.
The Development Fund for Iraq, DFI was established in May of 2003, by the Director of the Coalition Provisional Authority was recognized, by a decision of the Security Council of the United MMA 1483 and after the dissolution of the CPA in June of 2004, the mandate of the U.S. government by the Government of Iraq to manage the funds of the Development Fund for Iraq, which were made available for reconstruction projects, and the U.S. Department of Defense Department funds the fund on behalf of the U.S. government, has been the withdrawal of the authorization as of December 31 2007.
http://bit.ly/uHarRO
Millions of dollars were found in the palaces of American soldiers after the fall of Saddam regime in April of 2003
Alsumaria News / Baghdad relocating U.S. economic, Wednesday, a new report to the Ministry of Defense confirmed that the investigation carried out showed that the funds in the reconstruction program the U.S. provided to Iraq in 2004 and is said to have been lost in mysterious circumstances, were not lost was not stolen but was transferred to the Central Bank Iraq which is found it is now.
The report said that “the Coalition Provisional Authority led by Paul Bremer, set up by the United States to run Iraq after the invasion in 2003, it controlled during their rule of 14 months (replaced in June 28, 2004) to $ 20.7 billion, within $ 6.6 billion lost, “according to site Bloomberg U.S.. The Inspector General Stuart Bowen’s report said that “money is not missing, and we have enough information to confirm that most of them around to the Central Bank of Iraq, and the other to the Board of Directors of Federal Reserve Bank of New York,” after release of the report did not reach the results of tracking the process of auditing in 2010. The Integrity Committee in the Iraqi parliament and directed, in June 2011, a formal letter to the United Nations says that the “data all indicate that the institutions of the United States in Iraq, committed corrupt financially by theft of $ 6.6 billion allocated for the reconstruction program the U.S..
He said Bowen that “any doubts about how to dispose of that money after it emerged from the United States are the responsibility of the Baghdad government and not the U.S. government.” He asked Bowen in the report “on the authority of the Ministry of Defence U.S. when seized $ 217.7 million was hidden in the basement of one of the presidential palaces “, in reference to that which was owned by Saddam Hussein. It is expected to issue another report on the audit in January 2012, on the amount of $ 2.8 billion used by the agencies under the Ministry of Defense, including the Corps of Engineers U.S. Army, to take actions reconstruction projects in Iraq.
The Iraqi Council of Ministers announced on 6 October 2011, the formation of a special committee to follow the disappearance of $ 17 billion from the Development Fund for Iraq, and periodically report monthly to the Committee to Protect Iraq’s money , noting that it includes representatives of the Ministry of Finance and Audit Court and the Central Bank.
The Development Fund for Iraq, DFI was established in May of 2003, by the Director of the Coalition Provisional Authority was recognized, by a decision of the Security Council of the United MMA 1483 and after the dissolution of the CPA in June of 2004, the mandate of the U.S. government by the Government of Iraq to manage the funds of the Development Fund for Iraq, which were made available for reconstruction projects, and the U.S. Department of Defense Department funds the fund on behalf of the U.S. government, has been the withdrawal of the authorization as of December 31 2007.
http://bit.ly/uHarRO