Iraq: One of the Greatest Financial Scandals of All Time

April 1st, 2006 by Andy in Halliburton & The Iraqateers

This is just astounding. Something USTV was elaborating on back in 2003, which some discounted as ravings of ‘the liberal media’. The Guardian of England points out how at the beginning of the Iraq war, the UN entrusted $23bn of Iraqi money to the US-led coalition to redevelop the country. But now, where has all that cash gone?

Callum Macrae and Ali Fadhil report on what we believe is undoubtably one of the greatest financial scandals of all time, allowed by one of the most criminally scandalous American governments of all time.

“Iraq was awash in cash - in dollar bills. Piles and piles of money,” says Frank Willis, a former senior official with the governing Coalition Provisional Authority. “We played football with some of the bricks of $100 bills before delivery. It was a wild-west crazy atmosphere, the likes of which none of us had ever experienced.”

The environment created by the coalition positively encouraged corruption. “American law was suspended, Iraqi law was suspended, and Iraq basically became a free fraud zone,” says Alan Grayson, a Florida-based attorney who represents whistleblowers now trying to expose the corruption. “In a free fire zone you can shoot at anybody you want. In a free fraud zone you can steal anything you like. And that was what they did.”

This kinda sums it up.

Another experienced health worker, Mary Patterson - who was eventually asked to leave Iraq by James Haveman - characterises the Coalition’s approach thus: “I believe it had a lot to do with showing that the US was in control,” she says. “I believe that it had to do with rewarding people that were politically loyal. So rather than being a technical agenda, I believe it was largely a politically motivated reward-and-punishment kind of agenda.”

Which sounds like the way Saddam used to run the country. “If you were to interview Iraqis today about what they see day to day,” she says, “I think they will tell you that they don’t see a lot of difference”.

Meet the new boss, same as the old boss.

Read The Full Article Here

Leave a reply

Search Articles

USTV Recommended Read: