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[IP] Your Tax $$$ at Work ! (excerpts)





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From: Gene Spafford <spaf@xxxxxxxxxxxxxxxxx>
Date: January 25, 2006 10:07:20 AM EST
To: Dave Farber <dave@xxxxxxxxxx>
Subject: Fwd: Your Tax $$$ at Work ! (excerpts)

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    Audit Describes Misuse of Funds in Iraq Projects
    By James Glanz
    The New York Times

    Wednesday 25 January 2006

A new audit of American financial practices in Iraq has uncovered irregularities including millions of reconstruction dollars stuffed casually into footlockers and filing cabinets, an American soldier in the Philippines who gambled away cash belonging to Iraq, and three Iraqis who plunged to their deaths in a rebuilt hospital elevator that had been improperly certified as safe.

The audit, released yesterday by the office of the Special Inspector General for Iraq Reconstruction, expands on its previous findings of fraud, incompetence and confusion as the American occupation poured money into training and rebuilding programs in 2003 and 2004. The audit uncovers problems in an area that includes half the land mass in Iraq, with new findings in the southern and central provinces of Anbar, Karbala, Najaf, Wasit, Babil, and Qadisiya. The special inspector reports to the secretary of defense and the secretary of state.


...One official kept $2 million in a bathroom safe, another more than half a million dollars in an unlocked footlocker. One contractor received more than $100,000 to completely refurbish an Olympic pool but only polished the pumps; even so, local American officials certified the work as completed. More than 2,000 contracts ranging in value from a few thousand dollars to more than half a million, some $88 million in all, were examined by agents from the inspector general's office. The report says that in some cases the agents found clear indications of potential fraud and that investigations into those cases are continuing.

...The money, most from Iraqi oil proceeds and cash seized from Saddam Hussein's government, also easily found its way out of the compound and the country. In one case, an American soldier assigned as an assistant to the Iraqi Olympic boxing team was given huge amounts of cash for a trip to the Philippines, where the soldier gambled away somewhere between $20,000 and $60,000 of the money. Exactly how much has not been determined, the report says, because no one kept track of how much money he received in the first place.

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