Sunday, April 06, 2014

$6 Billion Goes Missing at State Department

$6 Billion Goes Missing at State Department | The Fiscal Times
The 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.
Te alert was just the latest example of the federal government’s continued struggle with oversight over its outside contractors.
.....In another instance, the Bureau of International Narcotics and Law Enforcement issued a $1 billion contract in Afghanistan that was deemed “incomplete.”

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