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Iraq Claims U.S. Lost $18.7 Billion, Tripling Initial Reports

HeadlineJun 20, 2011

A top Iraqi official is claiming that as much as $18.7 billion of Iraqi money was lost by the United States during the first year of the U.S. occupation. A recent U.S. report put the amount unaccounted for at $6.6 billion, but Iraqi’s parliament speaker, Osama al-Nujaifi, said the actual total is three times that. The Bush administration flew in a total of $20 billion in cash into the country in 2004, but nearly all of the money is unaccounted for.

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