An official Iraqi audit said $1.27 billion allocated by the Defense Ministry for military procurement in 2005 was embezzled by officials and suppliers. In a report completed in May, the Board of Supreme Audit blamed the theft on U.S.-appointed senior Defense Ministry officials, including a former defense minister.
"Huge amounts of money have disappeared," Iraqi Finance Minister Ali Allawi said. "In return we got nothing but scraps of metal. It is possibly one of the largest thefts in history."
No comments:
Post a Comment