Wednesday, January 31, 2007

cbsnews.com 1/31/2007 - Iraq Reconstruction Mired In Waste

The U.S. government wasted tens of millions of dollars in Iraq reconstruction aid, including scores of unaccounted-for weapons and a never-used Baghdad training camp with an Olympic-size swimming pool, investigators say.

The quarterly audit by Stuart Bowen Jr., the special inspector general for Iraq reconstruction, is the latest to paint a grim picture of waste, fraud and frustration in an Iraq war and reconstruction effort that has cost taxpayers more than $300 billion and left the region near civil war.

"The security situation in Iraq continues to deteriorate, hindering progress in all reconstruction sectors and threatening the overall reconstruction effort," according to the 579-page report, that was being released Wednesday.

Calling Iraq's sectarian violence the greatest challenge, Bowen said in a telephone interview that billions in U.S. aid spent on strengthening security has had limited effect. Reconstruction now will fall largely on Iraqis to manage — and they're nowhere ready for the task. cbsnews.com/no author found on website

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