Tuesday, October 11, 2005
The United States is not the only country with defense procurement problems. According to an AP report here, Iraq also appears to have financial management problems in the military. The "government of former Prime Minister Iyad Allawihas" is alleged to have suffered an "alleged disappearance or misappropriation of $1 billion in military procurement funds." Obviously this is not particularly helpful for a country that is heavily dependent upon its military. So far the defense minister and others have been arrested. One has to wonder if in the turmoil of setting up a new government, compliance issues were considered.