The U.S. occupation authority in Iraq tasked with overseeing the use of money appropriated by Congress for relief and reconstruction there didn't have proper accounting controls for $8.8 billion in funds, a report released this week alleged.
The Coalition Provisional Authority "provided less than adequate controls for approximately $8.8 billion of Development Fund for Iraq funds provided to Iraqi ministries through the national budget process," according to a report issued Sunday by the Office of the Special Inspector General for Iraq Reconstruction.
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