Friday, July 30, 2004

Faith-Based Accounting?
Get real, George W.!



This really frosts my cookies!

U.S. Lacks Records for Iraq Spending

By MATT KELLEY, Associated Press Writer

WASHINGTON - U.S. civilian authorities in Baghdad failed to keep good track of nearly $1 billion in Iraqi money spent for reconstruction projects and can't produce records to show whether they got some services and products they paid for, anew audit concludes.

The former Coalition Provisional Authority paid nearly $200,000 for 15 police trucks without confirming they were delivered, and auditors have not located them, the report from the CPA's Inspector General said. Officials also didn't have records to justify the $24.7 million pricetag for replacing Iraqi currency which used to carry Saddam Hussein's portrait, the report said.

--snip--

The one-star general overseeing reconstruction contracts in Iraq said in response to the audit that the lack of documentation didn't prove the money was wasted.

"We believe the contracts awarded with Iraqi funds were for the sole benefit of the Iraqi people, without exception," Army Brig. Gen. Stephen M. Seay wrote to the inspector general. LINK (Rate the story!)

"We believe..."
?
?
!
I don't give a rat's A$$KKKroft what you believe! Anyone but a coward would fire your A$$KKKroft in a heartbeat!


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