Thursday, December 16, 2004

UN watchdog finds irregularities in US-administered Iraqi oil sales

"A UN oversight board found irregularities in Iraq's oil export sales under US-led authorities between May 2003 and June 2004, including inadequate controls of extraction, use of non-competitive bidding and of barter transactions.

In its report released Tuesday, the International Advisory and Monitoring Board for Iraq (IAMB) said it had also met delays in separate audits on sole-sourced contracts from the US Defense Contract Audit Agency."

1 comment:

Alexander Wolfe said...

The beam in our own eye?