Wednesday, February 07, 2007

Oops, I Lost My Wallet

Ex-Iraq Occupation Head Questioned on Missing Billions

Here in the United States, hearings began Tuesday in what Democrats say will be a lengthy probe into corruption and mismanagement by the US occupation authority in Iraq. Former occupation head Paul Bremer was questioned on nearly nine billion dollars in missing Iraqi oil revenue. The funds were handed to Iraqis and US contractors in cash -- often in packages of one hundred dollar bills. House Oversight and Government Reform chair Henry Waxman says the Bush administration has blocked the appearance of the new reconstruction coordinator in Iraq -- retired ambassador Timothy Carney.

Source: Democracy Now, February 7, 2007

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