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Home » Archives » June 2008 » Fraudsters net $billions from the war in Iraq

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06/10/2008: "Fraudsters net $billions from the war in Iraq"


A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.

For the first time, the extent to which some private contractors have profited from the conflict and rebuilding has been researched by the BBC's Panorama using US and Iraqi government sources.

A US gagging order is preventing discussion of the allegations.

The order applies to 70 court cases against some of the top US companies.

[ How much richer is George Bush as a result of this war? Will we ever know? ]

http://news.bbc.co.uk/1/hi/world/7444083.stm

Replies: 1 Comment

on Tuesday, June 10th, Dental Plan said

He certainly isn't an idiot if that's the case. A rotten son of a bitch, that's for sure, but not an idiot.