RealNews

CBS: Corrupt arms deals cost Iraq $800M

Iraq’s former finance minister alleged in a U.S. television report aired Sunday that up to $800 million meant to equip the Iraqi army had been stolen from the government by former officials through fraudulent arms deals. The former minister Ali Allawi told CBS’ “60 Minutes” that the arms fraud is “one of the biggest thefts in history” and that corrupt former Iraqi officials are now “running around the world hiding and scurrying around.” Full Story

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