[paragraph_left][block] Left Side Content [/block][block] Right Side Content [/block][/paragraph_left]The State Dept. states that it doesn’t know what happened to $6 billion over the past 6 years – claiming there just wasn’t enough oversight.
So they just forgot to make sure that someone was watching billions of dollars and now there’s no way to trace what happened.
Right!
he State Department has no idea what happened to $6 billion used to pay its contractors.
In a special “management alert” made public Thursday, the State Department’s Inspector General Steve Linick warned “significant financial risk and a lack of internal control at the department has led to billions of unaccounted dollars over the last six years.
The alert was just the latest example of the federal government’s continued struggle with oversight over its outside contractors.
Related: Government Blatantly Wastes $30 Billion This Year
The lack of oversight “exposes the department to significant financial risk,” the auditor said. “It creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file. It impairs the ability of the Department to take effective and timely action to protect its interests, and, in tum, those of taxpayers.”
In the memo, the IG detailed “repeated examples of poor contract file administration.” For instance, a recent investigation of the closeout process for contracts supporting the mission in Iraq, showed that auditors couldn’t find 33 of the 115 contract files totaling about $2.1 billion. Of the remaining 82 files, auditors said 48 contained insufficient documents required by federal law.
In another instance, the Bureau of International Narcotics and Law Enforcement issued a $1 billion contract in Afghanistan that was deemed “incomplete.”
Related: Government Wastes More Money Than You Think
The auditor recommended that the State Department establish a centralized system to track, maintain and retain contract files.
The department responded and said it concurred with the recommendations to address the “vulnerability” in its contracting process.
Before Linick took office last fall, the State Department had been without an inspector general position for five years—the longest IG vacancy in the government’s history, as noted in The Washington Post.
Yeah , it’s really a surprise : wonder who made off with all that loot : Hundreds of billions went missing on bushes watch too : But there will be no theft charges, or prison , or nothing done : instead we will keep filling our prisons with mundane criminals :
Check with hillary, I’m sure she knows where it went.
Wasn’t this the department that HILLARY headed up? I wouldn’t imagine that Clinton’s Global Initiative would be one of the organizations that the UN is “misplacing” huge sums of money to. It is very obvious to most informed people that this Global Initiative Organization is a front for the shakedown of world governments who want in on the action of America’s free money giveaways. The Clinton’s are trying to create their own dynasty with the clout of Bill’s expresidency. He’ll help any fledgling country dip their fingers into the taxpayers treasury for a percentage which is laundered through this so called Global Initiative Organization. It will become Hillarity’s war chest for her campaign. The only people suffering for all this are the American taxpayers.
Oopsie!!!
Who Was Head Of The, State Department ? Non-Other Then Hillary Clinton. Any more Question’s ?
here’s a clue–HILLARY CLINTON—here’s where to look–CLINTON FOUNDATION—willing recipient —BILL CLINTON
Obama gave half of it to HIS MUSLIM TERRORIST and the CLINTONS got the other half! What a crooked LIBERAL GOVERNMENT we have!
exactly my thoughts !!!
COULD HAVE PAID OFF STUDENT LOANS, BUT THEY WOULD RATHER HAVE INDENTURED SERVENTS (slaves) INSTEAD.
When Obama buys his island Then we will know where the money went