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By Paul Kiel - February 6, 2007, 2:06 PM
What happened to billions in Iraqi funds that were overseen by the Coalition Provisional Authority? That's not "important," according to David Oliver, the former Director of Management and Budget of the agency.
A recording of the unfortunately candid remarks, previously made by Oliver to the BBC, were played during this morning's oversight hearing by Rep. Diane Watson (D-CA). The hearing has focused on the CPA's administration of nearly $9 billion in Iraqi funds in 2003 and 2004 -- money that Stuart Bowen, Special Inspector General for Iraq Reconstruction, has said was inadequately accounted for.
"I have no idea, I can't tell you whether or not the money went to the right things or didn't - nor do I actually think it is important," Oliver says on the tape . "Billions of dollars of their money disappeared, yes I understand, I'm saying what difference does it make?"
This is the shit that has permeated the Bush Crime Family from day one! We lost $9 billion, so what?
Here is what Oliver had to say at the oversight hearing headed by Rep. Diane Watson (D-CA)., this morning.
That was a clip, as I recall, after a thirty or forty minute conversation, and it comes back to the essence of I hope what Stuart [Bowen] has pointed out several times, is a question of transparency. He believes that the CPA should have ordered the information, we decided the best way to make sure we could withdraw as quickly as possible and for the safety of the troops was to rely upon the Iraqi system to distribute that money. Therefore, we made sure that it was transparent what we were doing with the money to the ministries and then relied upon the ministries system, the entire financial system they had, to do that. We had about, I had four to ten people, the country’s population is about the same size as California, which I think has 800 people in the same office. We thought this was the best way to make sure that the country’s safety was performed.
Right!
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