#Pentagon guilty of billion-dollar #AccountingFraud, reveals - TopicsExpress



          

#Pentagon guilty of billion-dollar #AccountingFraud, reveals @Reuters investigation: Because of its persistent inability to tally its accounts, the Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of Chinas economic output last year. reuters/article/2013/11/18/us-usa-pentagon-waste-specialreport-idUSBRE9AH0LQ20131118
Posted on: Fri, 20 Jun 2014 21:10:56 +0000

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