Thursday, December 02, 2004

The NEW Oil For Food Program Scandal.

After the US invasion last year, the US took control of all the income from Iraq’s oil sales. The oil money was to be set aside for a program called the Development Fund for Iraq. Much of the money for the Fund was kept vault in a Baghdad palace, unsecured. The Bush Administration hired a tiny consulting firm, Northstar, which said publicly that they were NOT certified to do public accounting. 8.8 Billion dollars now can not be accounted for by Northstar, or the Coalition Forces. Former US-Iraqi envoy Paul Bremer has refused to comment.


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