[THS] Audit finds Pentagon can't account for $8.7B in Iraqi funds

[The Harder Stuff in news and commentary]

Audit finds Pentagon can't account for $8.7B in Iraqi funds:

The audit found that shoddy record keeping by the Defense Department left the
Pentagon unable to fully account for $8.7 billion it withdrew between 2004 and 2007
from a special fund set up by the U.N. Security Council
http://bit.ly/d6yZ8m

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Audit: U.S. Can't Account for 95% of Iraqi Funds:

Defense Department Unable to Trace $8.7B in Iraqi Oil Money Tapped by U.S. for
Rebuilding Nation
http://www.cbsnews.com/stories/2010/07/27/world/main6717303.shtml

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GE pays $23M to settle Iraq kickback charges:

General Electric Co. will pay $23.4 million to settle federal charges that some of its
subsidiaries paid illegal kickbacks to the government of Saddam Hussein in order to
win contracts under a U.N. program.
http://bit.ly/9aUp7E