Stolen’ Iraqi Funds Could Exceed $18 Billion

[LA2009]

Posted on 20 June 2011.

Osama al-Nujaifi, the Iraqi parliament speaker, has told Al Jazeera that the amount of Iraqi money unaccounted for by the US is $18.7bn - three times more than the $6.6bn we reported last week.

Al-Nujaifi is scheduled to visit the US soon and discuss the missing Iraqi billions.

He said that he received a report this week based on information from US and Iraqi auditors that the amount of money withdrawn from a fund from Iraqi oil proceeds, but unaccounted for, is much more than the $6.6bn reported missing last week.

“There is a lot of money missing during the first American administration of Iraqi money in the first year of occupation. Iraq’s development fund has lost around $18bn of Iraqi money in these operations – their location is unknown. Also missing are the documents of expenditure. I think it will be discussed soon. There should be an answer to where has Iraqi money gone.“

read more:

http://www.iraq-businessnews.com/2011/06/20/stolen-iraqi-funds-could-exceed-18-billion/

[FrankenSLI]

Next week they will be saying it is 80 billion...

[Butifldrm]

They have definitely compounded alot of interest on 6.8 billion.

[cooked]

Give them the damn 18bil. Then make them rv and we will have made it back plus a s&%t load more.

[quadraph0nic]

They stole it themselves or warlords were paid and or they gave it to their friendz in Iran and then accuse us of losing it...great...