http://www.dejanlucic.net/BBC%20uncovers%20lost%20Iraq%20billions
 





$23,000,000,000 Goes Missing In Iraq - 

U.S. Government And Courts 
Want To Keep It A Secret

 

 








By Jane Corbin 





Waxman: "It may well turn out to be the largest war profiteering in history." 

  
A BBC investigation estimates that around $23bn (£11.75bn) 
may have been lost, stolen or just not properly accounted for in Iraq. 
 
For the first time, the extent to which some private contractors 
have profited from the conflict and rebuilding has been researched 
by the BBC's Panorama using US and Iraqi government sources. 
-
A US Gagging Order 
is Preventing Discussion of the allegations. 
The order applies to 70 Court Cases 
against some of the top US companies. 
-
War profiteering 
 
While George Bush remains in the White House, 
it is unlikely the gagging orders will be lifted. 
-
To date, no major US contractor faces trial for fraud or mismanagement in Iraq. 
-
The president's Democrat opponents are keeping up the pressure 
over war profiteering in Iraq. 
Henry Waxman who chairs the House Committee 
on Oversight and Government Reform said: 
"The money that's gone into waste, fraud and abuse 
under these contracts is just so outrageous, its egregious. 
"It may well turn out to be the largest war profiteering in history." 
-
In the run-up to the invasion one of the most senior officials 
in charge of procurement in the Pentagon objected to a contract 
potentially worth SEVEN BILLION that was given to Halliburton,
a Texan company, which used to be run by Dick Cheney 
before he became vice-president. 
Unusually only Halliburton got to bid - and won. 
 
Missing billions 
 
Judge Radhi al Radhi: 
"I believe these people are criminals."
 
The search for the missing billions also led the programme to a house in Acton 
in West London where Hazem Shalaan lived until he was appointed 
to the new Iraqi government as minister of defence in 2004. 








He and his associates siphoned an estimated $1.2 billion out of the ministry. 
-
They bought old military equipment from Poland but claimed for top class 
weapons. 
Meanwhile they diverted money into their own accounts. 
Judge Radhi al-Radhi of Iraq's Commission for Public Integrity investigated. 
-
He said: "I believe these people are criminals. 
"They failed to rebuild the Ministry of Defence , 
and as a result the violence and the bloodshed went on and on 
- the murder of Iraqis and foreigners continues 
and they bear responsibility." 
-
Mr Shalaan was sentenced to two jail terms but he fled the country. 
He said he was innocent and that it was all a plot against him 
by pro-Iranian MPs in the government. 
-
There is an Interpol arrest out for him but he is on the run 
- using a private jet to move around the globe. 
He stills owns commercial properties 
in the Marble Arch area of London.
 
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