IRAQ
Billions of Dollars Likely Wasted in Iraq Reconstruction
Fraud and incompetence on a devastating scale
Next>Image: AP
What happened to the $51 billion America spent rebuilding Iraq? The final audit, released today, says that we'll never fully know, but it's likely that billions were wasted.
One telling failure stood out from the report: the military paid $80 apiece for pipes that could have been bought for $1.41 each. How could something like that happen? Billing documents often weren't reviewed properly, or at all, because of staff shortages.|
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What should have been done to prevent fraud and waste on this scale? |