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09/23/08

04:41:59 am, Categories: In Depth News, 116 words

BBC uncovers lost Iraq billions

Waxman: "It may well turn out to be the largest war profiteering in history." A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq. The BBC's Panorama programme has used US and Iraqi government sources to research how much some private contractors have profited from the conflict and rebuilding. A US gagging order is preventing discussion of the allegations. The order applies to 70 court cases against some of the top US companies. While Presdient George W Bush remains in the White House, it is unlikely the gagging orders will be lifted. To date, no major US contractor faces trial for fraud or mismanagement in Iraq.

1 Voice

Comments:

Comment from: JosephConrad [Member]

BUSH had various constituencies he had to PAY OFF for NOT fomenting/causing REBELLION against his 2 CONSECUTIVE COUPS. The banking & financial sectors got the SUBPRIME SCAM.
BIG Oil got Iraq's OIL & GAS Concessions and the AFGANI PIPELINE. The Pentagon got permanent bases in Iraq and 100% IMMUNITY from TORTURE, DESTRUCTION, PILLAGE, MURDER & RAPE suits the Iraqi government or people might want to bring. U.S. Corporations & Contractors, nearly ALL TOTALLY BERIFT OF SKILLS TO FULFILL THEIR CONTRACTS, got UNTOLD, UNAUDITED & NO-BID BILLIONS TO UTTERLY DESTROY IRAQ'S infrastructure!

EVERYBODY IN THE BUSH ADMINISTRATION, PENTAGON, ARMED FORCES & CORPORATE GANG WILL GET AWAY TOTALLY SCOT FREE DESPITE COMMITTING 1,000's OF BLATANT FELONIES! ONLY IN AMERICA!

11/08/08 @ 00:24

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