ktlight
27th April 2011, 14:02
The US Commission on Wartime Contracting says hired contractors in Iraq and Afghanistan have been caught bilking billions of dollars from the United States government.
The commission discovered that billions of dollars are missing, misspent, or defrauded by private contractors in Afghanistan, and questioned why companies caught cheating the US taxpayer have not been barred from doing business with the government, the Press TV correspondent in Washington reported on Monday.
During the session, commission members noted that they have documented war profiteering, false billing, poor management, and outright theft of money meant to help the US military fight the Taliban and help the Afghan people rebuild, but no large contractor has ever been brought to book or banned from working for the government.
Commission co-chair Christopher Shays said that despite the fact that estimates indicate that ten percent of the money the US government has paid contractors over the past ten years has been wasted through fraud and abuse, “I can't name five companies that have been debarred for faulty service.”
source
http://weeklyintercept.blogspot.com/2011/04/contractor-in-iraq-and-afghanistan.html
The commission discovered that billions of dollars are missing, misspent, or defrauded by private contractors in Afghanistan, and questioned why companies caught cheating the US taxpayer have not been barred from doing business with the government, the Press TV correspondent in Washington reported on Monday.
During the session, commission members noted that they have documented war profiteering, false billing, poor management, and outright theft of money meant to help the US military fight the Taliban and help the Afghan people rebuild, but no large contractor has ever been brought to book or banned from working for the government.
Commission co-chair Christopher Shays said that despite the fact that estimates indicate that ten percent of the money the US government has paid contractors over the past ten years has been wasted through fraud and abuse, “I can't name five companies that have been debarred for faulty service.”
source
http://weeklyintercept.blogspot.com/2011/04/contractor-in-iraq-and-afghanistan.html