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
bmaz Hot Fussin. Been Killing it for hours. Only Claude Rains knew
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bmaz I saw Shawn Holley on the CN type of media tonight, and not in a way that brought any joy to my memory of Johnnie Cochran. RIP.
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bmaz Hot Fuss by the Killers is still one of the best albums, or whatever you kids want to call things these days, of the last decade.
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bmaz @cnbintucson "think there is any danger to McCullough from DOJ investigation?" // None, sadly.
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emptywheel @theurbansherpa If only you knew anything about theater it would all make sense! ;p
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bmaz The Killers are, well, killer. Nuf said.
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bmaz I am not positive it is okay to borrow a term from @dcbigjohn but I'm a bit reckless. So don't fence me in Bama's https://t.co/qco4mgVEvM
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bmaz @MasaccioFDL You know, I actually believe in "the system" but have issues with gross perversions thereof. And we got that here. Hugely.
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emptywheel @LemonSlayerUS Take that back. Gun had blood on it on 8/19 (it looks like). DNA was run by 8/14.
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