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InvisibleXlea321
Stranger
Registered: 02/26/01
Posts: 9,134
Iraq: The "missing" 20 billion...
    #2836166 - 06/28/04 01:23 PM (13 years, 10 months ago)

Billions of revenue from oil 'missing'

Stephen Bates and Richard Norton-Taylor
Monday June 28, 2004
The Guardian

A Christian charity has accused the coalition authority in Iraq of failing to account for up to $20bn (nearly ?11bn) of oil revenues which should have been spent on relief and reconstruction projects.

At the same time, the Liberal Democrats are demanding an investigation into the way the US-led administration in Baghdad has handled Iraq's oil revenues. The coalition is obliged to pay all oil revenues into the Development Fund for Iraq, but according to Liberal Democrat figures, the fund could be short by as much as $3.7bn.

Resolution 1483, passed in May 2003, stated that the money should be spent in the interests of the Iraqi people and independently audited, but an auditor was appointed only in April.

The charity quoted an unnamed UN diplomat as saying: "We only have the total amounts and movements in and out of the development fund. We have absolutely no knowledge of what purposes they are for and if these are consistent with the security council resolution."

Last October, Christian Aid revealed that $4bn of oil revenues were unaccounted for, but although procedures have been tightened up, the charity said, "we still do not know exactly how Iraq's money has been earned, which companies have won the contracts that it has been spent on, or whether this spending was in the interests of the Iraqi people."


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Don't worry, B. Caapi


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InvisibleInnvertigo
Vote Libertarian!!
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Registered: 02/09/01
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Re: Iraq: The "missing" 20 billion... [Re: Xlea321]
    #2836210 - 06/28/04 01:42 PM (13 years, 10 months ago)

I hope that 20 billion pays for part of the war.


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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OfflineBleaK
paradox
Registered: 06/24/02
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Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2836892 - 06/28/04 05:45 PM (13 years, 10 months ago)



--------------------
"You cannot trust in law, unless you can trust in people. If you can trust in people, you don't need law." -J. Mumma


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InvisibleInnvertigo
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Re: Iraq: The "missing" 20 billion... [Re: BleaK]
    #2837529 - 06/28/04 09:59 PM (13 years, 10 months ago)

your point?


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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OfflineBleaK
paradox
Registered: 06/24/02
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Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2837825 - 06/28/04 11:41 PM (13 years, 10 months ago)

that ppl should learn about our monetary system


--------------------
"You cannot trust in law, unless you can trust in people. If you can trust in people, you don't need law." -J. Mumma


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OfflineLoneDeranger
Deranger

Registered: 05/10/04
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Last seen: 13 years, 9 months
Re: Iraq: The "missing" 20 billion... [Re: BleaK]
    #2838419 - 06/29/04 03:06 AM (13 years, 10 months ago)

Geez, how the fuck do we get such dumbass people that misuse 20 billion dollars. That seems enough to stop world hunger for a while, hmmmmmm.


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Mescalito is my homeboy...


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InvisibleInnvertigo
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Re: Iraq: The "missing" 20 billion... [Re: BleaK]
    #2838734 - 06/29/04 06:51 AM (13 years, 10 months ago)

I say again, your point?


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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InvisibleXlea321
Stranger
Registered: 02/26/01
Posts: 9,134
Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2839232 - 06/29/04 11:48 AM (13 years, 10 months ago)

I hope that 20 billion pays for part of the war

Your point?


--------------------
Don't worry, B. Caapi


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InvisibleInnvertigo
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Re: Iraq: The "missing" 20 billion... [Re: Xlea321]
    #2839264 - 06/29/04 11:56 AM (13 years, 10 months ago)

Quote:

Your point?




My point is that I hope that that 20 Billion pays for part of the war. :rolleyes:


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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InvisibleXlea321
Stranger
Registered: 02/26/01
Posts: 9,134
Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2839303 - 06/29/04 12:04 PM (13 years, 10 months ago)

Why would it "pay for part of the war"?

You don't think it's going to get given back to the american taxpayer do you?


--------------------
Don't worry, B. Caapi


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InvisibleInnvertigo
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Registered: 02/09/01
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Re: Iraq: The "missing" 20 billion... [Re: Xlea321]
    #2839328 - 06/29/04 12:12 PM (13 years, 10 months ago)

I hope that that 20 Billion pays for part of the war. :rolleyes:


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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InvisibleXlea321
Stranger
Registered: 02/26/01
Posts: 9,134
Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2839342 - 06/29/04 12:16 PM (13 years, 10 months ago)

Good for you.

Now can we go back to the missing 20 billion?


--------------------
Don't worry, B. Caapi


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InvisibleInnvertigo
Vote Libertarian!!
Male

Registered: 02/09/01
Posts: 16,296
Loc: Crackerville, Michigan U...
Re: Iraq: The "missing" 20 billion... [Re: Xlea321]
    #2839386 - 06/29/04 12:31 PM (13 years, 10 months ago)

:rolleyes:


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


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InvisibleXlea321
Stranger
Registered: 02/26/01
Posts: 9,134
Re: Iraq: The "missing" 20 billion... [Re: Innvertigo]
    #2839422 - 06/29/04 12:40 PM (13 years, 10 months ago)

:bye:


--------------------
Don't worry, B. Caapi


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InvisibleInnvertigo
Vote Libertarian!!
Male

Registered: 02/09/01
Posts: 16,296
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Re: Iraq: The "missing" 20 billion... [Re: Xlea321]
    #2839534 - 06/29/04 01:13 PM (13 years, 10 months ago)

:cheers:


--------------------

America....FUCK YEAH!!!

Words of Wisdom: Individual Rights BEFORE Collective Rights

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson


Post Extras: Print Post  Remind Me! Notify Moderator
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