Investigation Into Missing Iraqi Cash Ended in Lebanon BunkerOctober 14, 2014 by bjjangles
Investigation Into Missing Iraqi Cash Ended in Lebanon Bunker
–$1.2 billion to $1.6 billion had been stolen and moved to a bunker in rural Lebanon
12 Oct 2014 Not long after American forces defeated the Iraqi government of Saddam Hussein in 2003, caravans of trucks began to arrive at Andrews Air Force Base outside Washington on a regular basis, unloading an unusual cargo — pallets of shrink-wrapped $100 bills. The cash, withdrawn from Iraqi government accounts held in the United States, was loaded onto Air Force C-17 transport planes bound for Baghdad. Over the next year and a half, $12 billion to $14 billion was sent to Iraq in the airlift, and an additional $5 billion was sent by electronic transfer. Exactly what happened to that money after it arrived in Baghdad became one of the many unanswered questions from the chaotic days of the American occupation, when billions were flowing into the country from the United States and corruption was rampant.