Billions given away in Baghdad free-for-all

Bremer Gave Away Billions inBaghdad Free-for-All

By Stephanie Kirchgaessner in Washington
Updated: 12:12 a.m. ET Feb. 7, 2007

The Bush administration went on a $5bn spending spree in Iraq in 2004 just six weeks before returning control of the government to Iraqis, according to a Democratic lawmaker investigating the payments.

Huge sums were doled out, sometimes in dollar bills from the back of pick-up trucks, it was alleged.

In a hearing before the chief House oversight committee, Democrats on Tuesday demanded answers from Paul Bremer, who headed the Coalition Provisional Authority, Iraq's first post-occupation government, and oversaw the disbursement of $12bn in cash in reconstruction funds in the months after the invasion.

In his first appearance before Congress since leaving Iraq, Mr Bremer admitted making mistakes during his 13-month tenure. However, he emphasised that Iraq was in a "desperate situation" in May 2003 and that the CPA could not have waited to install a "modern financial system" before beginning the process of getting the defunct Iraqi government and various ministries reinstated. >>>cont

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