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Billions in Iraqi reconstruction money finally accounted for

Paul Richter reports for the Los Angeles Times:

A federal audit has finally accounted for nearly $6.6 billion in Iraqi reconstruction money that seemed to have disappeared after the U.S.-led invasion of Iraq, ending a mystery that highlighted the chaos of the early days of the U.S. occupation.

The Pentagon flew the Iraqi cash under its control to Baghdad in planeloads of shrink-wrapped bundles of $100 bills in 2003 and 2004. But its failure to keep complete records showing where the money went fueled concern that some or all of it had been stolen.

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