Mismanagement of Iraqi Oil Money

[Dissident Dan]

WASHINGTON (AFP) - Auditors working for the United Nations (news - web sites) have strongly criticised the US-led Coalition Provisional Authority for its management of the 20 billion dollar fund from oil sales, which it said is "open to fraudulent acts," the Financial Times said.

http://story.news.yahoo.com/news?tmpl=story&u=/afp/20040622/bs_afp/un_iraq_us_funds_040622082856&e=2

Maybe the "war for oil" fears have some credence?

[kyleb]

who would'a thunk? :eek:

[russ_watters]

Ironic (though not surprising) thing for the UN to say considering the oil-for-food debacle they presided over.