Pentagon freezes Iraq funds amid corruption probes

http://www.boston.com/business/globe/articles/2003/12/30/pentagon_freezes_iraq_funds_amid_corruption ^ | 12/30/2003 | By Stephen J. Glain, Globe Staff

[matrix2225]

Companies eager for a stake in the $18.6 billion in fresh postwar funds that Congress approved in November have been told not to expect requests for proposals from the Defense Department, the first step in the kind of ambitious redevelopment slated for the war-torn country. The freeze will almost certainly mean the United States will not issue new contracts until well after the initial Feb. 1 target date.

[Mike Darancette]

The Pentagon has frozen new funds approved for Iraqi reconstruction amid growing allegations of corruption and cronyism associated with the rebuilding process.

The article shows no connection between the two proported facts.

[rocksblues]

Business as usual. Make a profit, decency be damned!