US Forces’ auditors find Iraqi audit hole

Sloppy accounting by US military chiefs has meant that they could not prove
that a $5.2bn (£2.6bn) fund on equipment and services for Iraqi security forces
was used properly, an audit has found.

A report by the Defense Department’s Office of Inspector General found that
the Multinational Security Transition Command in Iraq could not provide
reasonable assurance money was used for its intended results and not wasted,
Associated Press

Lt Gen James M Dubik, the commander involved, has to improve controls for
keeping track of the fund – which he had already begun to do, stated the report.

Only 1% of a $438m set of purchases from a supplier could be tracked via a
paper trail, it found.

Further reading:

Iraq is recovering, but who’s
keeping tabs?

Saddam’s accounting systems still
in place

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