The U.S. government has opened a criminal inquiry into suspected embezzlement by officials who failed to account for almost $100 million they disbursed for Iraqi reconstruction projects. In one case an official fired for mishandling funds was reportedly allowed to continue disbursing money nearly a month after his termination.
As a longtime former auditor.....believe me: someone somewhere has the "missing" money. I only wonder whose Swiss or Cayman Island bank account it landed in? And I wonder if that person is a high-ranking US official. Or a few.
It happens in countries all over the world. It clearly and easily could happen in this corrupt administration. Clearly. All the traditional red-flag warning signs of excessive greed, intransparency and unwavering dishonesty are present in the Bush Administration.