Posted on 05/28/2014 8:41:34 PM PDT by afraidfortherepublic
The State Department misplaced and lost some $6 billion due to the improper filing of contracts during the past six years, mainly during the tenure of former Secretary of State Hilary Clinton, according to a newly released Inspector General report.
The $6 billion in unaccounted funds poses a “significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” according to the report.
The alert, originally sent on March 20 and just released this week, warns that the missing contracting funds“could expose the department to substantial financial losses.”
The report centered on State Department contracts worth “more than $6 billion in which contract files were incomplete or could not be located at all,” according to the alert.
“The failure to maintain contract files adequately creates significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” the alert states.
The situation “creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file,” the report concluded.
The State Department’s inability to properly file its paperwork is causing most of the losses, according to the report.
The IG “found repeated examples of poor contract file administration” over the years, the report said.
Contracts related to the U.S. war in Iraq, for instance, could not be produced in 33 out of 115 instances, according to the report.
“A recent OIG audit of the closeout process for contracts supporting the U.S. Mission in Iraq revealed that contracting officials were unable to provide 33 of 115 contract files requested in accordance with the audit sampling plan,” the report states.
(Excerpt) Read more at washingtontimes.com ...
Well, Well, Well!
Mrs. Bill Clinton now has a new 6 BILLION Dollar question to answer.
..... WELL ....... Just ... OOPS! ... Sorry.
Did you see this?
If not, ping.
What difference at this time does it make?!
If I were investigating this as a theft,
the first place I would look is in the CLINTON FOUNDATION.
Then maybe the Clinton Library.
Just saying.
Here’s to Senator Ron Johnson of the great state of Wisconsin for getting Hillary to lose her cool and make that stupid statement! Priceless!
And the Obama Administration managed to ship, and leave unguarded, American weapons, armored vehicles and night vision equipment in the last several months in Libya that was “stolen”. All part of the Democrat’s bloody deal with Al Qaeda. We are governed by thieves, traitors and cowards.
Sure you did...
Check under the sofa cushions in Hillary’s $3 million dollar Washington DC home.
Finally - someone located one of Hillary’s accomplishments as SoS
Bush’s fault?
6 billion to Muslim groups. BUT BUT BUT.... Ms. Clinton traveled over a million miles. That’s only $6000 per mile lost on her trips. If you don’t like it... THAT’S RACIST. I mean sexist.
This sounds like a carbon copy of the Rose Law Firm billing records. This “woman” definitely has a problem keeping things in proper order, most notably her husband.
If I am not mistaken, that "What difference does it make" statement was scripted. She read it! She was waiting for a chance to deliver a rejoinder that she (and her handlers) thought would close the book on Benghazi.
Little did they know...
I looked it up, and you know what?
$6 billion is more than the annual GDP of Licthenstein or Monaco.
It’s what Hillary lost and mostly IT IS NOT REALLY EVEN NEWS..!
Can u imagine if you dropped $6 billion out of your wallet and u succeeded in covering it up from your whole family?
Yet Hillary did that in one of the most visible jobs in the most visible country in the world.
“This sounds like a carbon copy of the Rose Law Firm billing records. This “woman” definitely has a problem keeping things in proper order, most notably her husband.”
But Ole Hil will make it all right with the taxpayers, because as we all know, she did remarkably well with “cattle futures” a while back.
Hillary also hides chestnuts in her cheeks just because she can.
Leni
Hillary: “What difference does it make...it’s not like it was my money.”
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