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The Money Pit


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A comprehensive examination of the U.S. led agency that oversaw the rebuilding of Iraq has triggered at least 27 criminal investigations and produced evidence of millions of dollars' worth of fraud, waste and abuse, according to a report by the Coalition Provisional Authority's inspector general.

 

More than $600 million in cash was spent with insufficient controls, and millions in equipment cannot be located.

 

http://www.latimes.com/la-fg-probes30jul30,1,6584291.story

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