Posted on 04/04/2014 9:59:24 AM PDT by Hojczyk
IG report reveals incomplete, lost contract files worth $6B
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.
(Excerpt) Read more at freebeacon.com ...
“Misplaced” into her 2016 campaign coffer most likely...
The State Department misplaced the $6 billion they gave to the DNC?
35 seconds apart! LOL!!!
Hush money to Benghazi witnesses?
A $20 bill from each and every citizen in the U.S.A. was just tossed by Hilary.
It went to her friends and supporters. Just like Obama’s stimulous money. Straight to the unions and other Democrats.
A billion here, a billion there, soon we are talking about real money!
Well, she does have a pretty wide ass...
It is time to cut government 75 %….Some cabinet secretary said one time 1/3 work hard 1/3 work average 1/3 do nothing
Keep the 1/3 that do nothing ?????????
Practicing for Presidency.
$6 Billion misplaced. Hillary is well qualified to run for president on the demonrat ticket.
Yep. You are right our own money is being used to set up our demise both as a country and a people. Thieves should be brought to justice but I wouldn’t hold my breath.
Just as Dirty Harry got a call from a friend saying that Governor Romney hadn’t paid taxes in 10 years *I* recently got a call from a friend saying that the Clintons,through a phony corporation they set up,recently purchased an island in the Virgin Islands for about $6 billion.
WHAT DIFFERENCE DOES IT MAKE????????
The louder he spoke of his honor the more closely we counted the spoons.
And for those who don’t remember, they took paintings and furniture from the White House to furnish the New York (residency) home bought for them by a supporter.
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