Informed Comment

Thoughts on the Middle East, History, and Religion

Juan Cole is President of the Global Americana Institute

Monday, June 28, 2004

$2 Billion Unaccounted for In CPA Handling of Iraq Finances

The BBC reports that of nearly $20 billion in Iraqi money that the Coalition Provisional Authority had authority over during the past year, some $2 billion is unaccounted for.

The report says, ' Helen Collinson, from Christian Aid, said: "For the entire year that the CPA has been in power in Iraq it has been impossible to tell with any accuracy what the CPA has been doing with Iraq's money." '

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