Bremer and CPA Leave Financial Mess Behind: "for the entire year that the CPA oversaw Iraq's finances, it was impossible to determine with any accuracy precisely what it has done with the US$20 billion of Iraq's own money, including its oil revenue and funds deposited in the Development Fund for Iraq (DFI).
'We still do not know exactly how Iraq's money has been earned, which companies have won the contracts that it has been spent, or whether this spending was in the interests of the Iraqi people,' said Helen Collinson, head of policy at Christian Aid, who added that the CPA is in 'flagrant breach of the UN Security Council resolution that gave the CPA control over the DFI on condition that its operations be independently audited. "
- posted by geoff @ #