Billions 'Missing' From Iraq Fund

[spanna]

http://uk.news.yahoo.com/031023/140/ebwtu.html

Is this just poor paperwork or something more serious?

Whatever it is it won’t play well to Arab audiences.

(The EU is notorious for not accounting for monies spent, so I am aware this is a possibility

[PatriotX]

This has been alleged already. It’s been said that we have used some of Iraq’s money to resompense(?) iraq’s for their losses. There’s been discussion about he lack of transparency.

There’s a reason for this:

**Baghdad board to oversee spending**

The Coalition Provisional Authority in Baghdad announced on Tuesday the long-delayed formation of an independent auditing board to oversee how Iraqi funds are spent. The move appeared timed to to fend off mounting accusations of mismanagement of Iraqi funds.

link will expire.

[Avenger]

*Originally posted by spanna *
**http://uk.news.yahoo.com/031023/140/ebwtu.html

Is this just poor paperwork or something more serious?

Whatever it is it won’t play well to Arab audiences.

(The EU is notorious for not accounting for monies spent, so I am aware this is a possibility **

What does the EU have to do with it?

[PatriotX]

I fogot to quote this part

Charles Heatly, spokesman for the CPA in Baghdad, said the authority had agreed to form “very shortly” the International Advisory and Monitoring Board (IAMB), which was originally called for in the United Nations resolution 1483 last May.

[Rashak_Mani]

Don’t worry… the money will show up in time for some future election… Or did you think politicians take the $ out of their own pockets ?

[sailor]

*Originally posted by spanna *
(The EU is notorious for not accounting for monies spent, so I am aware this is a possibility

I don’t know what the EU is notorious for but the USA is the boss in Iraq and the money was given to the US installed authorities. If someone is to blame it is the CPA and the USA who put them in place and keeps them there. The USA is not willing to share its authority in Iraq. The USA has the authority and the responsibilty.

[spanna]

Only mentioned EU not accounting for monies spent so it didn’t seem like a knee jerk rant against US.

Was just saying that sometimes paperwork is not filled in correctly (or at all)

That said when you are asking other people to contribute money to help out, they are going to want proof it is going on worthy causes

[GIGObuster]

You! Stop asking questions! Are you in league with the terrorists?

[sub]Check the cool luch box with that message by scroling down![/sub]

[GIGObuster]

[sub]Oops, I mean luNch box!

better go to bed, good night…[/sub]

[spanna]

its only funny 'cos its true