[SpamCop-Social] Re: Isn't this nice - incompetence is infectious!
Spamvireslayer
noone at devnll.spamcop.net
Tue Feb 1 00:01:58 EST 2005
Heidi wrote:
> Sylvesterthekat wrote:
>
>> "Spamvireslayer" <noone at devnll.spamcop.net> wrote in message
>> news:ctlm51$m9g$1 at news.spamcop.net...
>>
>>> http://www.time.com/time/magazine/article/0,9171,1022625,00.html
>>>
>>> Less than than two months after former Coalition Provisional Authority
>>
>>
>> (CPA)
>>
>>> administrator L. Paul Bremer received the Presidential Medal of
>>> Freedom, a
>>
>>
>> scathing
>>
>>> audit by a longtime confidante of George W. Bush is bashing Bremer's
>>
>>
>> agency for
>>
>>> failing to establish "adequate financial controls," leaving some fiscal
>>
>>
>> reporting
>>
>>> systems "either weak or non-existent." The audit charges that the CPA
>>> left
>>
>>
>> large
>>
>>> portions of the $8.8 billion Iraqi treasury "open to fraud,
>>> kickbacks, and
>>> misappropriation of funds," according to a draft obtained by TIME. The
>>
>>
>> report was
>>
>>> written by Stuart Bowen, a lawyer from Texas who became special
>>> inspector
>>
>>
>> general for
>>
>>> Iraq reconstruction. His audit cites Bremer for lax accounting (on one
>>
>>
>> payroll, for
>>
>>> instance, only 602 of the 8,206 names could be confirmed, with no paper
>>
>>
>> trail for the
>>
>>> rest of the cash) and inadequate disclosure (the CPA allowed Iraqi
>>
>>
>> officials to delay
>>
>>> reporting the $2.5 billion the interim government received in
>>> oil-for-food
>>
>>
>> money last
>>
>>> spring).
>>
>>
>>
>> Well no surprises there, this to me is just an example of what typically
>> goes on under this government.
>>
>>
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