BBC News – US ‘wasted $30bn on Afghanistan and Iraq’ over decade

So, what else is new??

The US government has wasted $30bn (£18bn) in contracts in Afghanistan and Iraq over the last decade, according to a bi-partisan spending commission.

The commission on wartime contracting blamed an over-reliance on contractors, poor planning and fraud for the waste.

It had evidence of lax accountability and inadequate competition, it said.

Writing in the Washington Post, the report’s authors warn that investments in the two countries could be wasted even after US involvement there ends.

Among the examples cited were a $40m prison for Iraq that the country did not want and was never completed.

via BBC News – US ‘wasted $30bn on Afghanistan and Iraq’ over decade.

Share and Enjoy:
  • Facebook
  • StumbleUpon
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Technorati
Close Menu