Money in Iraq

The Iraq Analysis site site is accumulating an impressive amount of new content at the moment.

Among it is a fairly damning statement from the

IAMB

on contract management in Iraq:

The KPMG audit of the 23 sole sourced contracts revealed exceptions in a number of cases including

* (i) insufficient documentation to justify non-competitive contracting action,

* (ii) lack of support for the provision of services or receipts of goods, and

* (iii) discrepancies in the amount billed.

And then they recomment ā€œ_ that amounts disbursed to contractors that cannot be supported as fair be reimbursed expeditiously_ā€

So, one more point goes to those distrustful anti-american anti-corporate types.

On a similar topic, somebody from Corpwatch (the US one) has written this book about the economic end of the war. It might be horribly out-of-date by now (it was published November 2004), but then everything on Iraq seems out of date at the moment. Iā€™m planning to read it anyway, if I can get hold of a copy.

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