Here's a report by Christian Aid that claims that billions of dollars of oil money that has already been transferred to the US-controlled Coalition Provisional Authority (CPA) has effectively disappeared into a financial black hole.
For all the talk of freedom and democracy for the Iraqi people – before, during and after the war which toppled Saddam Hussein – there is no way of knowing how the vast majority of this money has been spent.
No surprise. Call in some auditors! (but not Arthur "Shred'em" Andersons please).
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