Enron-Style Accounting in Iraq Reconstruction

You tax dollars at work:

The State Department agency in charge of $1.4 billion in reconstruction money in Iraq used an accounting shell game to hide ballooning cost overruns on its projects there and knowingly withheld information on schedule delays from Congress…  The agency hid construction overruns by listing them as overhead or administrative costs, according to the audit…

Includes documented cost over-runs of

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