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Repiglican Roast

A spirited discussion of public policy and current issues

Name: TheFuriousGourmet

Location: The mouth of being

I'm furious about my squandered nation.

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Tuesday, October 23, 2007

Bush Loses More Billions in Iraq,, still wants more money for private contractor friends who aren't doing the job

A $1.2bn (£590m) contract for training Iraqi police was so badly managed that auditors do not know how the money was spent, the US state department says.

The programme was run by a private US company, DynCorp. It insists there has been no intentional fraud.

Auditors have stopped trying to audit the programme because all the documents are in disarray and the government is trying to retrieve some of the money.

[...]

Labels: Baclkwater, Corruption, DynCorp, Embezzlement, Fraud., Miliatry Privatization, War on Terror is nothing but cash cow for defense contractors and military privatizers, War Profiteers

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