Waste, Fraud, and Abuse in Iraq Reconstruction

The Oversight and Government Reform Committee held a hearing on waste, fraud, and abuse of taxpayer dollars in Iraq reconstruction by the… read more

The Oversight and Government Reform Committee held a hearing on waste, fraud, and abuse of taxpayer dollars in Iraq reconstruction by the Coalition Provisional Authority (CPA). Ambassador Paul Bremer testified about an audit report issued in 2005 by the Special Inspector General for Iraq Reconstruction that concluded that more than $8.8 billion was disbursed without adequate financial controls. The funds were provided to the Iraqis in cash, often in shrink-wrapped packages of $100 bills. Ambassador Bremer defended the CPA actions saying that Iraq lacked modern financial management systems, and the country’s banks could not handle electronic fund transfers. Waiting to implement new accounting and banking practices, he insisted, would have resulted in lengthy delays in paying salaries and pensions. He was also asked to respond to allegations that the CPA filled positions with unqualified staff who were politically connected. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Waste, Fraud, and Abuse in Iraq Reconstruction

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Program ID:
196561-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Feb 6, 2007
Last Aired:
Feb 7, 2007

Airing Details

  • Feb 06, 2007 | 10:44am EST | C-SPAN 1
  • Feb 06, 2007 | 12:28pm EST | C-SPAN 2
  • Feb 06, 2007 | 2:13pm EST | C-SPAN 2
  • Feb 06, 2007 | 8:56pm EST | C-SPAN 2
  • Feb 07, 2007 | 2:33am EST | C-SPAN 2
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