6 Billion? That means The Rodham had enough money to buy 1 Million
copies of her own book, and transfer them to a storage facility.
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 ...
“unaccounted for”
Uh huh....
Knowing the American news media I am assuming that this will be the first and LAST time I see this story anywhere....
No question, it’s in her war chest.
State Dept. misplaced $6B under Hillary Clinton: IG report...” <<
What difference does it make now!......../s
One of the few times I see the exact quote. Love it.
Now we know where they got the funds to arm Syrian terrorists.
No wonder she could only find $200k for Amb. Stevens’ security detail! /s
Let's put this in proper perspective :
$200,000.oo for Ambassador Steven's security, that she didn't pony up !
but missing is $6,000,000,000.oo from the State Dept. receipts ?... totally unaccounted for ?
That's a lot of MANPADS , and marischino cherries !!
But as the "Queen" has said :" ..at this point , WHAT DOES IT MATTER .. ? " /s
I find it hard to believe that people cannot see Liberals, i.e. about 99% of the US State Dept, are nothing but con artists and swindlers. I provided security for these morons and their ilk for over 4 years in Iraq.
All they did was come up with idiotic ways to waste taxpayer money on the Iraqi’s and funnel money to their friends, who had somehow been able to start up a company that was able to do business with the US government. The whole thing is nothing more than what Solyndra, etc have done
Hillary Clinton on State Dept. budget for FY 2012.
FY 2012 Budget Request March 10, 2011"The second part of our request funds the extraordinary, temporary portion of our war effort the same way the Pentagon’s request is funded: in a separate Overseas Contingency Operations account known as OCO. Instead of covering war expenses through supplemental appropriations, we are now taking a more transparent approach that fully reflects the integrated civilian-military efforts. Our share of the President’s $126 billion request for exceptional wartime costs is $8.7 billion. So all told, we have a $47 billion operational account and an $8.7 billion Overseas Contingency Operations account."
(snip)
"But let me just quickly walk you through this, because on this issue of our $8.7 billion Overseas Contingency Operations, we have the strongest support from Secretary Gates, from Admiral Mullen. And next week – I was speaking with General Petraeus last night. He will be here on the Hill strongly supporting the civilian effort that goes hand-in-hand with what he is doing so heroically in Afghanistan. So we are funding vital civilian missions in Afghanistan, Pakistan, and Iraq with this $8.7 billion."
With $6Billion they could have brought all of Benghazi city.
Misplaced? Uh huh. More likely PIAPS and/or her pals are now billionaires.
6 Billion? That means The Rodham had enough money to buy 1 Million
copies of her own book, and transfer them to a storage facility.
Mucho dinero for the wife of Monica’s boyfriend.
check Hillary’s bank account
In the late 1960s a bookkeeper friend of mine told me an Army auditor friend of his couldn’t find 12 Sherman tanks of ours in Europe.
The head of government department seems to be missing billions? This is stupendous earth shattering news.
My first thought — how much went to Huma and her Mooselimb Brotherhoods?
If Hillary runs, will the R candidate take the Mitten’s approach and politely not mention it? Along with cattle futures, Rose Law Firm, Travelgate, FBI files, Benghazi etc.?
The plunder of the republic continues via the United Socialists of America.
Socialism Is Legal Plunder - Bastiat
DEFUND/DISMANTLE socialist collectives, foreign and domestic. DEFUND/DISMANTLE the Department of State.
Unaccountable bureaucrats are socialists. Socialism is unsustainable.
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