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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Audit Finds U.S. Hid Cost of Iraq Projects. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Audit Finds U.S. Hid Cost of Iraq Projects
by skullaria at 10:06 pm EDT, Jul 29, 2006

"BAGHDAD, Iraq, July 29 — The State Department agency in charge of $1.4 billion in reconstruction money in Iraq used an accounting shell game to hide ballooning cost overruns on its projects there and knowingly withheld information on schedule delays from Congress, a federal audit released late Friday has found.

The agency hid construction overruns by listing them as overhead or administrative costs, according to the audit, written by the Special Inspector General for Iraq Reconstruction, an independent office that reports to Congress and the Pentagon."


 
 
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