Missing Billions

Iraq Reconstruction Hearing: Accounting

Uploaded on Feb 6, 2007

Rep. Elijah Cummings (D-MD) and Chairman Henry Waxman of the Committee on Oversight and Government Reform question witness on the accounting arrangement that led to $8.8 billion in missing funds.

Iraq Reconstruction Hearing: Hiring Practices

Uploaded on Feb 6, 2007

Rep. John Tierney (D-MA) and Chairman Henry Waxman of the Committee on Oversight and Government Reform question Paul Bremer on hiring practices in the Iraq reconstruction.

Iraq Reconstruction Hearing 2: $8.8 Billion

Uploaded on Feb 15, 2007

The Committee on Oversight and Government Reform holds its second hearing on Iraq Reconstruction. Here Rep. Maloney asks what has been learned from the unaccounted for $8.8 billion in reconstruction funds discussed in the previous hearing.

Investigation Into Missing Iraqi Cash Ended in Lebanon Bunker

By   OCT. 12, 2014

Over the next year and a half, $12 billion to $14 billion was sent to Iraq in the airlift, and an additional $5 billion was sent by electronic transfer. Exactly what happened to that money after it arrived in Baghdad became one of the many unanswered questions from the chaotic days of the American occupation, when billions were flowing into the country from the United States and corruption was rampant.

Missing in Action: Pentagon faces $6.6 billion black hole in Iraq books

Uploaded on Jun 14, 2011

U.S. auditors are investigating the disappearance of nearly seven billion dollars, sent by Washington to fund the reconstruction of Iraq. The cash was flown in after the toppling of Saddam Hussein in 2003, but is now completely unaccounted for. A former Bush administration official told RT the money went missing under the watch of the incoming CIA chief, David Petraues, who was then in charge of America's mission in Iraq

 

Missing Iraq Money May Have Been Stolen

By Paul Richter, Los Angeles Times

13 June 11

After the US-led invasion of Iraq in March 2003, the George W. Bush administration flooded the conquered country with so much cash to pay for reconstruction and other projects in the first year that a new unit of measurement was born.