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Audit: U.S. can’t account for $8.7 billion in Iraq oil money (AP)

July 27th, 2010

CAPTION CORRECTION - CORRECTING LOCATION AND DETAILS OF BOMB ATTACK<br /> Residents pray near the coffin of a victim who was killed in Monday?s bomb attack in Kerbala, before his burial at a cemetery in Najaf, 160 km (100 miles) south of Baghdad July 27, 2010. Two car bombs exploded near the holy Shi'ite city of Kerbala in southern Iraq on Monday, killing 19 mainly Shi'ite pilgrims and wounding 54, an Iraqi official said. The car bombs targeted Shi'ite pilgrims visiting Kerbala before the anniversary of Imam Mohammed al-Mehdi's birthday for which several hundred thousand people are expected this week. REUTERS/Ali Abu Shish (IRAQ) (IRAQ - Tags: CONFLICT)AP - The U.S. Defense Department is unable to properly account for over 95 percent of $9.1 billion in Iraqi oil money tapped by the U.S. for rebuilding the war ravaged nation, according to an audit released Tuesday.


Tags: U.S., money, $8.7, billion, Iraq, account

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