No, this is money that they were collecting from the Iraqis during the takeover of oil refineries during the war from 2003-2007, which was meant to pay for reconstruction of the country. However, only $400 million of the money can be accounted for.
Quote:
Though there is no apparent evidence of fraud, the improper accounting practices add to the pattern of mismanagement, reckless spending and, in some instances, corruption uncovered by the agency since 2004, when it was created to oversee the total of $53 billion in U.S. taxpayer money appropriated by Congress for the reconstruction effort.
Remember those talks about auditing different departments in the federal government to eliminate waste in order to help balance the federal deficit? I think they need to start with the Department of Defense.
