What happened to the Billions sent to Iraq by the Bush Administration?

Reba K asked:


The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent.

The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee.

In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors.

Who deserves prosecution over this loss of US funds?

Bifold Closet Doors

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Comments

  1. monster
    February 1st, 2010 | 9:03 pm

    It went in special fund to get Obama elected.

  2. Ed J
    February 2nd, 2010 | 2:21 pm

    “legacies” are expensive.

  3. kevin k
    February 3rd, 2010 | 6:56 pm

    you know all those $200 anonymous donations to Obama campaign?

  4. Yaya
    February 5th, 2010 | 12:38 pm

    I’m sure Cheney knows, since it went to his buddies.

  5. teeewalk
    February 8th, 2010 | 5:43 am

    Contractors took it all.

  6. Vote it. Just don't read it
    February 9th, 2010 | 3:21 pm

    Relax. We were just spreading the wealth.

  7. ZCT
    February 10th, 2010 | 11:28 pm

    For throwing tax payers money away as he made torture norm for war crimes after he did.
    For war crimes after he is ultimately responsible george bush should already be held responsible george bush should also be held responsible for throwing tax payers money away as he did.

  8. Shecky G
    February 13th, 2010 | 8:39 am

    12billion….thats chump-change..

  9. rudens
    February 15th, 2010 | 10:04 am

    The fear people of greed.

  10. Brianne
    February 17th, 2010 | 4:48 am

    And what does this have to do with what is going on now? Do you grasp the reality of just how much trouble we are in and now we have to face a trillion dollar debt that we basically got nothing out of?

  11. ladyliberty
    February 17th, 2010 | 7:10 pm

    The legislative branch controls the money.
    The legislative branch controls the legislative branch controls the legislative branch controls the money.

  12. brown9500v2
    February 18th, 2010 | 6:35 pm

    The key to spend it in security funding labelled merely tbd meaning to be determined the cpas control some of 500m in iraqi funds the memorandum says one contractor received 2m payment.

  13. bob
    February 19th, 2010 | 9:33 am

    The george bush library will be doozy.
    The pallets and put it little bit embarrassing that you worry promise the george bush library will.

  14. S K Duncan
    February 21st, 2010 | 11:07 pm

    The us feel neocons are complaining about spending money in the us feel neocons hate america.