[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.
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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.
i rather doubt its missing. either obama or hillary knows exactly where it is and id say rather close to their pockets
Let’s see, Obammy has been in office how long? Oh yea! Six years! I wonder how much of that money has made it into his offshore bank accounts?
Probably was put into the Hillary for President campaign account.
thanks, hillery, guess you did accomplish something while at state
they know where it is,just not talking. they got away with it so for..bet if, some one is good looking in to things a person could find most of it .
No surprize
$6 billion and nobody was watching it, now that is funny, somebody must have a big pocket to carry it out. wowwww
if it wasn’t so sad,it would be funny.perhaps another lie,maybe it was spent on some of the weaponry that we don’t even know we have,and bunkers for the elite so they will have a place to hide like scared rabbits when the shtf???????????
Kind of like losing your keys, or your wallet? Of course Obama and Hillary know exactly where that $6 billion are. I will bet it didn’t get redistributed to the poor…….
HUMMM, how about checking her big money donors, and her own Election war chest!!!! bet she gets big donations !!!