[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.
I bet the black panthers know where some of it is.
They paid for BOSNIA… Barack Obama’s Sub National Islamic Army aka ISIS to march across the middle east as we expeditiously withdrew so quickly that the vacuum sucked them right into power.
So where was the GOP congress; passing anti abortion legislation rather than doing their job.
Central bankers diving up there latest hall. Glad we get to work ten days and keep the pay for 5 of those days. B.O is just a puppet same with bush. The real players are laughing at us sheep. As we get closer to the collapse the corruption gets more blatant .. Happy days …
HILLARY CLINTON IS RESPONSIBLE FOR THE MISSING CASH. WE ALL MUST REMEMBER SHE WAS THE ONE THAT ADMITS SHE WAS SHORT OF CASH WHEN THEY LEFT THE WHITE HOUSE. HOW DUMB CAN THE GOVERNMENT BE. A RETIRED MARINE.
I can’t take much more of our ‘government’. Let’s go back to the day of horse and buggy for all. No electricity either. That might teach them what real work is all about.
Hummmmm maybe that is how Hamas got all of their money thanks to the pres. of the USA !!
Everyone needs to stop paying into this ASAP . But no one would unify. Every citizen in this country is nothing but a commodity. Every newborn is supposedly in debt for 50g’s the day there born. The youngsters are mega screwed.
so true Sue
Check Billary”s purse!