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[casi] Seeking information about unspend funds in Iraqi Oil for Food program


I was reading on the KRG homepage how more than 50% of the Kurdistan allocation of the Oil for Food 
program was left unspent and unaccounted for.
"The Security Council authorized 13% of UN-controlled Iraqi oil sales for humanitarian goods and 
services for Iraqi Kurdistan (IK). To date, this amounts to more than $8 billion. Substantial funds 
remain unspent, more than 50%. The overall performance of the UN has been less than satisfactory.

Funds earned from the legal sale of Iraqi oil are deposited in UN-managed bank accounts. Though 
this is a public program where transparency and accountability should be available to all, even 
simple 1-page summary monthly statements of credits, debits, and balances are not provided to 
Security Council members."

Does a similar % of unaccounted for funds exist for the Iraqi program, in which case the amount of 
funds would be quite phenomenal?

Has mainstream media dealt with the story in any form?

Appreciate if anyone has any info.

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