Almost $9bn of Iraqi oil revenue missing
File On 4: Broadcast - BBC Radio 4,Tuesday 1 February
"The BBC's File On 4 programme has learnt that out of over $20bn raised in oil revenues during US-led rule, the use of $8.8bn is unaccounted for.
"US government auditors criticise the Coalition Provisional Authority for failing to manage the money properly.
"In one case, auditors say the key to a safe holding millions of dollars was kept in an open backpack in an office.
"'There was insufficient internal control to assure that money was spent for the benefit of the Iraqis, as the UN Security Council resolution mandated', said the auditors' chief of staff, Ms Ginger Cruz."
Full text and audio: Information Clearing House
File On 4: Broadcast - BBC Radio 4,Tuesday 1 February
"The BBC's File On 4 programme has learnt that out of over $20bn raised in oil revenues during US-led rule, the use of $8.8bn is unaccounted for.
"US government auditors criticise the Coalition Provisional Authority for failing to manage the money properly.
"In one case, auditors say the key to a safe holding millions of dollars was kept in an open backpack in an office.
"'There was insufficient internal control to assure that money was spent for the benefit of the Iraqis, as the UN Security Council resolution mandated', said the auditors' chief of staff, Ms Ginger Cruz."
Full text and audio: Information Clearing House
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