Evidence of Iraq reconstruction fraud handed over to federal prosecutors Kate Heneroty at 10:03 AM ET
[JURIST] The Special Inspector General for Iraq Reconstruction [official website] told a House subcommittee hearing focused on the US handling of the Development Fund for Iraq (DFI) [official website] on Tuesday that evidence relating to finances used for reconstruction has been handed over to the US Attorney [official profile] for the Eastern District of Virginia. Stuart Bowen Jr. [backgrounder] said the evidence points to three potential fraud cases, following an audit that found nearly $100 million from the DFI fund derived from Iraqi oil revenue and other Iraqi assets unaccounted for. Lawmakers have criticized the Pentagon for hiding information from auditors, especially regarding disclosures concerning government contractor Halliburton. The Washington Post has more.
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