Spencer Ackerman writing in Wired Magazine discusses a report from the US Commission on Wartime Contracting. This report concludes that “vast amounts” of contract money in Iraq and Afghanistan provided “little or no benefit” to the war efforts. The commission confirmed $31 billion in contractor cash lost to corruption or dysfunction. But it warned that the true figure could be as high as $60 billion, or “$12 million every day for the past 10 years.” And even that massive figure — almost 30 percent of all wartime contract dollars — isn’t the whole story. Iraq and Afghanistan remain riddled with corruption. That corruption endangers all the “apparently well-designed projects and programs” that the U.S. has launched in both countries. The Wired Article mentioned here can be accessed at: http://www.wired.com/dangerroom/2011/08/wasted-war-cash/
The Commission on Wartime Contracting report can be accessed at http://cybercemetery.unt.edu/archive/cwc/20110929213820/http://www.wartimecontracting.gov/docs/CWC_FinalReport-lowres.pdf
The legacy of all the money the U.S. "wasted" in Iraq might be summed up with a single quote. “$55 billion could have brought great change in Iraq,” Prime Minister Nouri al-Maliki recently told the U.S.’s Iraq auditor. In fact, the U.S. spent $60 billion in its botched and often fraudulent efforts to rebuild the country it invaded, occupied and recast in its image. With the 10-year anniversary of the Iraq invasion looming, Stuart Bowen, the Special Inspector General for Iraq Reconstruction, considers $8 billion of that money wasted outright. And that’s a “conservative” estimate. This second Wired Magazine article can be accessed at: http://www.wired.com/dangerroom/2013/03/iraq-waste/
A Final Report From the US Special Inspector General for Iraq Reconstruction culminates SIGIR's nine-year mission overseeing Iraq's reconstruction is a very informative and well illustrated document of relevance. The SIGIR's Final Report can be accessed at: http://www.sigir.mil/learningfromiraq/index.html