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GAO asked to audit Iraqi oil revenue »

Posted by: STONERS 1 year, 10 months ago

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The Democratic chairman and Republican former chairman of the Senate Armed Services Committee have asked government auditors to determine what Iraq is doing with the billions of dollars in oil revenue it generates.

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STONERS

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Comments: 33

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STONERS
March 9, 2008, 1:37 a.m.
"We believe that it has been overwhelmingly U.S. taxpayer money that has funded Iraq reconstruction over the last five years, despite Iraq earnings billions of dollars in oil revenue over that time period that have ended up in non-Iraqi banks."
rdy2rckComment has been removed: Hard Banned
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engineer
March 9, 2008, 10 a.m.
Great start!! We need to audit a lot more with respect to Iraq!!
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donald51
March 9, 2008, 2 p.m.
...why nothing done about that Florida Company that got 32 million to build Iraqi barracks that were never built? Why no investigation by the Bush DOJ into any of the reported contractor fraud and abuse out of Iraq... or the rape of contractor women by contractor men?
One aspect of Condi's contributuion to the Surge was to provide oversight to the minitries in spending US money properly; but, she told Congress it would take 6 months to train up her people to do so! Then Condi had a rebellion of people refusing to go to Iraq. I betcha Condi left this mission on the military just like all the diplomatic efforts in the region!
GAO and Congressional oversight must fill the gap left by the failed, corrupt Bush adminstration!
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donald51
March 9, 2008, 2:07 p.m.
All those years of sole source, unaudited contracts, written as such, justly need to come back and haunt the Republicans!
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Dicax_Maximus
March 9, 2008, 2:40 p.m.
Lots of very happy people somewhere, with large amounts of cash sitting in a numbered account somewhere, I don't doubt !!!
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miklkit
March 9, 2008, 3:55 p.m.
Accountability......what a concept!
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chevydog
March 9, 2008, 4:33 p.m.
Wouldn't surprise me in the least if money was being "misused." Not sure how I'd feel if I was Iraqi. Last time I checked, it is still (at least nominally) a sovereign country. So is it under any obligation at all to any organ of the US government?
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Cybnetic
March 9, 2008, 4:40 p.m.
I am really tired of hearing about this crap.. when is our government going be accountable for anything
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texangelwings
March 9, 2008, 7:33 p.m.
This request is long past over due!
Thanks STONERS!
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ADAGUY
March 9, 2008, 8:04 p.m.
Most of this will never be completely uncovered.
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walcottzx
June 16, 2008, 12:50 p.m.
Screw that! And as for single payer universal health care for all Americans, don't make me laugh! Those Big HMO's and Big Pharm contributors to the Bush campaign have only made ten times the return on their 'investment", and need a couple of hundred billion more