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    Inside Story - Iraq's missing billions

    Al Jazeera English

    by Al Jazeera English

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    The US defence department is unable to account for billions meant for Iraq's reconstruction. The Pentagon has blamed poor record-keeping and lax oversight. They have pledged to undergo what they call a process of archival accounting to track missing funds. Iraqi officials say they know nothing about the missing billions. So, where has the money gone? And with no agreement on forming a new government in Iraq who is going to take action?