$6.6 Billion We Sent To #Iraq Has Gone Missing

Robert Johnson

The U.S. official in charge of the funds that flow into Iraq has confirmed that almost $7 billion, ear-marked for Iraqi re-construction, is missing and likely stolen.

According to CBS News, the inspector general for Iraq Stuart Bowen said the missing cash may be "the largest theft of funds in national history".

$12 billion in cash was flown into Iraq following the U.S. invasion to pay state employees and keep operations in the country running smoothly. While the greenbacks were shipped from the Federal Reserve currency repository in East Rutherford, N.J., the money never belonged to the U.S. -- it was just withheld during the years of sanctions on Saddam.

Read more: http://www.businessinsider.com/robert-johnson-the-us-may-owe-iraq-billions-of-dollars-2011-6?utm_source=Triggermail&utm_medium=email&utm_term=Politix%20Select&utm_campaign=Politix_Select_061511#ixzz1PMvQ542g