$23 Billion Lost in Iraq. Give or Take a Billion.

Global Integrity
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The BBC puts a number on corruption in the new Iraq: US$23 billion lost, stolen or missing.

As the BBC points out, the total cost of this theft and systemic mismanagement is much higher than the total of dollars leaked away — because much of this money was intended for essential projects, like rebuilding the Iraqi security forces. Obviously, these forces haven’t been effective to stabilize the country, suggesting that cost must now be measured in blood as well as dollars.

BBC uncovers lost Iraq billions

BCC/Panorama video

Image: US Army helicopters over Samarra, Iraq (cc James Gordon).

— by Jonathan Werve —

Global Integrity
Global Integrity

One comment on “$23 Billion Lost in Iraq. Give or Take a Billion.”

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