US 'loses' billions in Iraq oil money
America’s Defence Department is unable to account for around $9bn (€7bn) supposedly spent on rebuilding the war-shattered country.
A report by the US Special Investigator for Iraq Reconstruction seven years after the invasion that toppled Saddam Hussein found that shoddy record-keeping left the Pentagon unable to fully account for $8.7bn (€6.7bn) it withdrew between 2004 and 2007 from a special fund set up by the UN Security Council.
