Bush Administration Lost $18 Billion In Iraqi Funds; N.Y. Fed Won’t Reveal Details

by Ben Hoffman

The Federal Reserve Bank of New York is refusing to tell U.S. government investigators how much money it sent to Iraq during the first years of the American invasion, as a top Iraqi official suggested the missing and possibly stolen funds from that era is more than $18 billion – nearly three times the previously reported figure. Iraqi parliament speaker Osama al-Nujafi told al-Jazeera Monday that the missing U.S. funds totals $18.7 billion. Read more…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: