[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.
HECK NO!! THEY KNOW WHERE IT WENT!!! THEY ALL NEED FIRED ON THE SPOT, JUST THE SAME AS A BANK WOULD DO!! THEN OFF TO JAIL
Check OBAMA’S POCKETS !!!
Someone knows what happened to it…we will just never know who.
Wellllllll. Hillary did accomplish something as secretary of state. She managed to “lose” just a LOT of taxpayer money. No wonder we have such a deficite.
ok all i kno is i don’t have it…….
Hillary and John Kerry knows exactly where it went. And she wants to be President and people are just stupid enough to vote for her. I even have a relative that sees no problem with her. Well, I see a problem with him.
The Muslim Brotherhood has it of course
add that to the billions that Donald Rumsfeld told us about on 9/10/01 i think that was 17 billion and you can see that in 13 yeasr our states dept has now lost over 20 billion ,,WTF
Air Force One……
they know where it is