Nouri al-Maliki’s Retirement Fund?

All this talk about Hosni Mubarak’s looted billions must really piss off our other client rulers, the ones who have not yet set aside such rich stashes for their retirement.

But someone in Iraq has already made the move, disappearing $40 billion from Iraq’s development fund.

Around $40 billion are “missing” from a post-Gulf War fund that Iraq maintains to protect the money from foreign claims, its parliamentary speaker said on Monday.”There is missing money, we do not know where it has gone,” Osama al-Nujaifi said at a news conference in Baghdad. “The money is around $40 billion in total.”

[snip]

Nujaifi did not say when or how the discovery had been made regarding the missing money. He said two investigative committees had been formed to track down the cash.

But then, why should Iraq be any different from Afghanistan, where Hamid Karzi’s cronies have been looting the country since they got into power?

I’m so glad we’ve decided to spend trillions on our imperial wars rather than funding teachers and roads. The money is going to such a good cause, don’t you think?

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Emptywheel Twitterverse
emptywheel @SeanVitka Majority Leaders switch votes at least minute all the time for that reason--that's what lets him avoid invoking cloture again.
12mreplyretweetfavorite
emptywheel @SeanVitka He needed to for parliamentary reasons. He can bring it up on Sunday bc he was on the losing side last time.
13mreplyretweetfavorite
emptywheel @SeanVitka I think so. If I'm right it will have made working thru the holiday VERY worthwhile...
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emptywheel @SeanVitka You've got mail that I hope you find very interesting because I sure did.
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JimWhiteGNV RT @tbogg: If the threat of THIS doesn't keep ISIS from invading, we're doomed. #treeoflibertywateredwithnachoscheese http://t.co/NxszVsod47
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bmaz @joanneleon Had already guessed Les Paul just from the hardshell case. But, man, that is gorgeous.
2hreplyretweetfavorite
emptywheel @AllThingsHLS Damnit! Stop tamping down on the money-making possibilities for cyber-fearmongers!
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bmaz A special memorial today for those who died in service of the destructive war crimes of aggression by Bush and Cheney http://t.co/LYo8QSjkcq
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JimWhiteGNV RT @NCAACWS: Gainesville Regional #1 Florida vs. #4 Florida A&M #3 South Florida vs. #2 Florida Atlantic #RoadToOmaha http://t.co/TNatt0T
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emptywheel @xRobertTheBruce Right where I intended you to read.
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February 2011
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