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Tuesday, August 07, 2007

Pentagon Lost $19.2 billion of Iraqi Equipment

July 31, 2007
Pentagon Lost $19.2 billion of Iraqi Equipment

WASHINGTON (AP) -- The Pentagon cannot fully account for $19.2 billion worth of equipment provided to Iraqi security forces, government auditors said Tuesday.

"GAO's review of the January 2007 property books found continuing problems with missing and incomplete records," the report said.

The GAO found a discrepancy of at least 190,000 weapons between the data reported by the unit charged with implementing the program to train and equip Iraqi forces and the property books where such details are supposed to be kept.

The GAO says the Defense Department and components of the Multinational Force-Iraq were responsible.

In addition to the $19.2 billion used, the Defense Department recently requested another $2 billion for the program.

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