12.18.2008

Much waste in US reimbursements to Pakistan

"Lost to waste and mismanagement" being a euphemism for "stolen." - Ed.

WASHINGTON: A large proportion of the $6.7 billion paid to Pakistan since 2001 by the United States as Coalition Support Funds (CSF) funds may have been lost to waste and mismanagement, given a dearth of adequate controls and oversight, according to a new report by the Congressional Research Service (CRS).

The report says that Congress has appropriated billions of dollars to reimburse Pakistan and other nations for their operational and logistical support of US-led counter-terrorism operations. These funds account for the bulk of US financial transfers to Pakistan since 2001.

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