Senate Hearing Monday on Cash Payments in Iraq
The Senate will hear testimony Monday from a former Coalition Provisional Authority official, Frank Willis, who will say the cash flowed large and loose during the war.
In sum: inexperienced officials, fear of decision-making, lack of communications, minimal security, no banks, and lots of money to spread around. This chaos I have referred to as a 'Wild West,'" Willis said in testimony he prepared to give Monday before a panel of Democratic senators who want to spotlight the waste of U.S. funds in Iraq.
Willis' allegations follow by two weeks an inspector general's report that concluded the occupying authority transferred nearly $9 billion to Iraqi government ministries without any financial controls.
The money was designated for financing humanitarian needs, economic reconstruction, repair of facilities, disarmament and civil administration, but the authority had no way to verify that it went for those purposes, the audit said.
The CPA falls under the jurisdiction of the Pentagon. [link via Raw Story.]
Update: Paul Bremer and his handling of the media in Iraq will be on the hot seat as well.
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