October 26th, 2011
05:48 PM ET

Once thought lost and now found...$6.6 billion

By Senior National Security Producer Charley Keyes

The mystery of $6 billion that seemed to go missing in the early days of the Iraq war has been resolved, according to a new report.

New evidence shows most of that money, $6.6 billion, did not go astray in that chaotic period, but ended up where it was supposed to be, under the control of the Iraqi government, according to a report from the office of the Special Inspector General for Iraq Reconstruction or SIGIR.

The report details the transfer of cash from the U.S. to the Central Bank of Iraq. Much of it was originally assets of Iraq, some was part of the Oil for Food program imposed during the regime of former Iraqi leader Saddam Hussein and some was funneled through the United Nations for relief and reconstruction projects, according to the report.

The report focuses on money left over from shipments of more than $10 billion in U.S. currency shipped to Iraq - much of it in shrink-wrapped bricks of hundred dollars bills - and the $6.6 billion remaining when the temporary overseer of Iraq, the Coalitional Provisional Authority, went out of business in the summer of 2004 with the creation of a new Iraqi government.

Earlier, the money had seemed to be missing. The inspector general himself, Stuart Bowen, said flatly in June, "It has not been properly accounted for."

The official accounting had used more bland language. "SIGIR concluded that weaknesses in DoD's financial and management controls left it unable to properly account for and articulate the disposition of remaining DFI (Development Fund for Iraq) funds," a 2010 report said.

But the inspector general's new report says almost all the $6.6 billion was properly handed over to Iraq and its Central Bank. "SIGIR was able to account for the unexpended DFI funds remaining in DFI accounts when the CPA (Coalitional Provisional Authority) dissolved in June 2004," the new report says. "Sufficient evidence exists showing that almost all of the remaining $6.6 billion remaining was transferred to actual and legal CBI (Central Bank of Iraq) control."

While the bulk of the money was transferred to the Central Bank of Iraq, $217 million remained in a vault in a former presidential palace and was held by the U.S. Defense Department and most was doled out for a variety of projects and payrolls, the report says.

"In February 2008, SIGIR conducted a cash count at the palace vault and determined that $24.45 million remained," the report says, pointing out that the Pentagon returned this money to Iraq the next month. Now further SIGIR reports are expected in January 2012 on how the Defense Department used other money for small projects and to pay contractors.

"At the same time, SIGIR will report on about $2.8 billion more in DFI funds used by DoD agencies, including the U.S. Army Corps of Engineers, for reconstruction projects provided under a separate agreement executed with Iraq in June 2004," the report says.

Post by:
Filed under: Inspector General • Iraq
soundoff (2,101 Responses)
  1. yerli otomobil haberleri


    January 13, 2021 at 2:51 am | Reply
  2. son dakika kadın sağlık haberleri


    January 13, 2021 at 2:46 am | Reply
  3. son dakika eğitim haberleri


    January 13, 2021 at 2:40 am | Reply
  4. son dakika kültür sanat haberleri


    January 13, 2021 at 2:34 am | Reply
  5. sağlık haberleri


    January 13, 2021 at 2:28 am | Reply
  6. ekonomi haberleri


    January 13, 2021 at 2:23 am | Reply
  7. teknoloji haberleri


    January 13, 2021 at 2:18 am | Reply
  8. dünya haberleri

    Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It's very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.


    January 13, 2021 at 2:09 am | Reply
  9. son dakika güncel haberleri


    January 13, 2021 at 1:42 am | Reply
  10. best deals near me

    Hi! This is my first visit to your blog! We are a team of volunteers and starting a new initiative in a community in the same niche. Your blog provided us beneficial information to work on. You have done a marvellous job!


    January 13, 2021 at 1:35 am | Reply
  11. spor son dakika haberleri


    January 13, 2021 at 1:35 am | Reply
  12. son dakika siyaset haberleri

    Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass' favor.


    January 13, 2021 at 1:24 am | Reply
  13. Check Now

    It’s really a cool and useful piece of information. I’m glad that you simply shared this useful info with us. Please stay us informed like this. Thanks for sharing.


    January 12, 2021 at 4:07 pm | Reply
  14. son dakika magazin haberleri

    The Zune concentrates on being a Portable Media Player. Not a web browser. Not a game machine. Maybe in the future it'll do even better in those areas, but for now it's a fantastic way to organize and listen to your music and videos, and is without peer in that regard. The iPod's strengths are its web browsing and apps. If those sound more compelling, perhaps it is your best choice.


    January 12, 2021 at 4:04 pm | Reply
  15. 부천출장


    January 12, 2021 at 9:08 am | Reply
  16. ms visio 2016 32 bit

    Hiya! Quick question that's entirely off topic. Do you know how to make your site mobile friendly? My weblog looks weird when viewing from my iphone. I'm trying to find a theme or plugin that might be able to fix this issue. If you have any suggestions, please share. With thanks!


    January 12, 2021 at 6:39 am | Reply
  17. 부천출장

    You should be a part of a contest for one of the finest sites on the net. I am going to highly recommend this web site!


    January 12, 2021 at 5:21 am | Reply
  18. xskt minhngoc

    hey there and thank you for your information – I’ve definitely picked up something new from right here. I did however expertise some technical points using this web site, since I experienced to reload the site many times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I'm complaining, but slow loading instances times will often affect your placement in google and can damage your high quality score if advertising and marketing with Adwords. Well I’m adding this RSS to my e-mail and can look out for a lot more of your respective exciting content. Ensure that you update this again soon..


    January 12, 2021 at 4:38 am | Reply
  19. seo expert brisbane

    Interesting blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple tweeks would really make my blog shine. Please let me know where you got your theme. With thanks


    January 11, 2021 at 9:25 pm | Reply
  20. 부천 출장안마

    Itís difficult to find experienced people for this topic, however, you sound like you know what youíre talking about! Thanks


    January 11, 2021 at 8:38 pm | Reply
  21. 부천 출장


    January 11, 2021 at 7:44 pm | Reply
  22. best deals near me

    Thank you a bunch for sharing this with all people you actually know what you're talking approximately! Bookmarked. Please additionally visit my site =). We could have a link trade agreement among us!


    January 11, 2021 at 12:45 pm | Reply
  23. buy microsoft office home and business 2019

    Nice blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple tweeks would really make my blog shine. Please let me know where you got your theme. Thanks a lot


    January 11, 2021 at 5:01 am | Reply
  24. Hugh Alwang

    Sweet blog! I found it while surfing around on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I've been trying for a while but I never seem to get there! Appreciate it


    January 11, 2021 at 12:16 am | Reply
  25. best seo brisbane

    This actually answered my drawback, thanks!


    January 10, 2021 at 10:11 pm | Reply
  26. office home and student 2019 best buy

    That is the appropriate weblog for anybody who needs to seek out out about this topic. You realize a lot its almost arduous to argue with you (not that I really would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Nice stuff, simply great!


    January 10, 2021 at 3:06 pm | Reply
  27. 천안출장마사지


    January 10, 2021 at 2:30 am | Reply
  28. 천안출장마사지


    January 9, 2021 at 5:18 pm | Reply
  29. windows 10 home buy online

    Thank you, I have just been searching for info about this subject for ages and yours is the greatest I've discovered till now. But, what about the bottom line? Are you sure about the source?


    January 9, 2021 at 2:46 pm | Reply
  30. local seo brisbane

    Terrific work! This is the type of info that should be shared around the internet. Shame on Google for not positioning this post higher! Come on over and visit my web site . Thanks =)


    January 9, 2021 at 4:51 am | Reply
  31. 대전출장

    Next time I read a blog, Hopefully it doesn't fail me just as much as this one. I mean, Yes, it was my choice to read through, however I actually believed you would have something interesting to talk about. All I hear is a bunch of complaining about something that you can fix if you weren't too busy looking for attention.


    January 8, 2021 at 9:40 pm | Reply
  32. 대전출장

    Very good post! We will be linking to this particularly great content on our website. Keep up the good writing.


    January 8, 2021 at 8:45 pm | Reply
  33. buy cheap windows 10

    Woah! I'm really digging the template/theme of this site. It's simple, yet effective. A lot of times it's hard to get that "perfect balance" between superb usability and visual appeal. I must say you've done a great job with this. Also, the blog loads super quick for me on Firefox. Superb Blog!


    January 8, 2021 at 4:25 pm | Reply
  34. office home and business 2019

    I just couldn't depart your site before suggesting that I actually enjoyed the standard information a person provide for your visitors? Is gonna be back often in order to check up on new posts


    January 8, 2021 at 6:51 am | Reply
  35. jet wash hose adapter

    I'm curious to find out what blog system you're working with? I'm experiencing some small security issues with my latest blog and I would like to find something more secure. Do you have any recommendations?


    January 7, 2021 at 12:46 pm | Reply
  36. Marylou

    We're a group of volunteers and opening a new scheme in our community.
    Your website provided us with valuable info to work on. You've done an impressive job and our whole community will be grateful to you.

    Take a look at my site: pozycjonowanie

    January 7, 2021 at 9:54 am | Reply
  37. Link

    Thanks for one's marvelous posting! I really enjoyed reading it, you're a great author.I will make sure to bookmark your blog and will come back later on. I want to encourage you continue your great work, have a nice weekend!


    January 7, 2021 at 12:22 am | Reply
  38. 제주출장안마

    Hi! I could have sworn Iíve been to this website before but after browsing through some of the articles I realized itís new to me. Regardless, Iím certainly pleased I stumbled upon it and Iíll be book-marking it and checking back frequently!


    January 6, 2021 at 4:36 pm | Reply
  39. 제주 출장


    January 6, 2021 at 1:48 pm | Reply
  40. okita sleep dream pillow

    Hmm is anyone else having problems with the pictures on this blog loading? I'm trying to find out if its a problem on my end or if it's the blog. Any feedback would be greatly appreciated.


    January 6, 2021 at 11:31 am | Reply
  41. windows original price

    The very root of your writing while sounding reasonable originally, did not really sit well with me after some time. Somewhere throughout the paragraphs you actually were able to make me a believer but just for a very short while. I nevertheless have a problem with your leaps in assumptions and you might do nicely to help fill in those breaks. In the event that you can accomplish that, I will surely be fascinated.


    January 6, 2021 at 8:56 am | Reply
  42. Korey

    I constantly spent my half an hour to read this web site's posts every day along with a
    cup of coffee.

    Stop by my web blog; seo package

    January 5, 2021 at 10:30 am | Reply
  43. 제주출장


    January 5, 2021 at 7:54 am | Reply
  44. brisbane seo

    There is noticeably a bundle to learn about this. I assume you made certain good factors in features also.


    January 5, 2021 at 7:43 am | Reply
  45. Granville Spino

    very interesting info ! .


    January 5, 2021 at 5:30 am | Reply
  46. 제주출장

    Itís hard to come by knowledgeable people for this subject, but you seem like you know what youíre talking about! Thanks


    January 5, 2021 at 3:54 am | Reply
  47. windows 10 product key purchase

    you're truly a excellent webmaster. The website loading speed is incredible. It sort of feels that you are doing any distinctive trick. Also, The contents are masterpiece. you have done a magnificent activity in this topic!


    January 5, 2021 at 3:50 am | Reply
  48. site here

    Nice blog right here! Additionally your web site rather a lot up fast! What web host are you the use of? Can I get your associate link for your host? I want my website loaded up as fast as yours lol


    January 5, 2021 at 12:46 am | Reply
  49. sleep dream deep pillow sutera

    I抦 impressed, I need to say. Really hardly ever do I encounter a blog that抯 both educative and entertaining, and let me inform you, you have got hit the nail on the head. Your idea is excellent; the difficulty is something that not enough individuals are speaking intelligently about. I'm very joyful that I stumbled throughout this in my seek for one thing relating to this.


    January 5, 2021 at 12:37 am | Reply
  50. Jerold

    Hi there, just wanted to say, I enjoyed this article.
    It was inspiring. Keep on posting!

    Also visit my web-site – seo services Uk prices

    January 5, 2021 at 12:18 am | Reply
  51. buy windows 10 pro activation key

    Hey There. I found your blog using msn. This is an extremely well written article. I’ll make sure to bookmark it and come back to read more of your useful info. Thanks for the post. I’ll certainly return.


    January 4, 2021 at 6:22 pm | Reply
  52. Visit Website

    What’s Going down i'm new to this, I stumbled upon this I have found It positively useful and it has helped me out loads. I'm hoping to contribute & help other users like its aided me. Great job.


    January 4, 2021 at 12:45 pm | Reply
  53. Claire

    That is very fascinating, You are a very professional blogger.
    I have joined your feed and stay up for seeking more of your excellent post.
    Also, I have shared your web site in my social networks

    Visit my web blog :: seo services

    January 4, 2021 at 11:34 am | Reply
  54. Genia

    Wonderful blog! I found it while searching on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?
    I've been trying for a while but I never seem to get there!
    Appreciate it

    Here is my blog :: seo uk

    January 4, 2021 at 9:31 am | Reply
  55. Jeramy Kallio

    How can I do a live streaming webcast on Blogger?


    January 4, 2021 at 7:16 am | Reply
  56. Link

    Does your website have a contact page? I'm having a tough time locating it but, I'd like to shoot you an e-mail. I've got some ideas for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it develop over time.


    January 4, 2021 at 6:47 am | Reply
  57. 수원출장마사지


    January 4, 2021 at 6:24 am | Reply
  58. Jefferson

    I am regular reader, how are you everybody? This article posted at this site is
    genuinely nice.

    Here is my web-site – Seo Uk

    January 4, 2021 at 5:55 am | Reply
  59. seo brisbane

    Attractive section of content. I simply stumbled upon your website and in accession capital to say that I get actually loved account your weblog posts. Anyway I will be subscribing for your feeds or even I fulfillment you get right of entry to consistently fast.


    January 4, 2021 at 12:20 am | Reply
  60. 수원출장

    Pretty! This has been an extremely wonderful post. Thank you for providing these details.


    January 3, 2021 at 7:03 pm | Reply
  61. Url

    Can I just say what a reduction to seek out someone who truly is aware of what theyre speaking about on the internet. You positively know how one can convey a problem to mild and make it important. Extra folks must read this and understand this side of the story. I cant believe youre no more widespread since you positively have the gift.


    January 3, 2021 at 5:09 pm | Reply
  62. windows 10 product key free

    There are some attention-grabbing cut-off dates in this article but I don’t know if I see all of them heart to heart. There may be some validity however I'll take hold opinion till I look into it further. Good article , thanks and we would like extra! Added to FeedBurner as nicely


    January 3, 2021 at 8:29 am | Reply
  63. american family survival tactical staff

    you might have an ideal blog right here! would you wish to make some invite posts on my weblog?


    January 3, 2021 at 8:22 am | Reply
  64. windows 10 activation key

    Hello would you mind letting me know which web host you're using? I've loaded your blog in 3 completely different browsers and I must say this blog loads a lot faster then most. Can you suggest a good hosting provider at a fair price? Thank you, I appreciate it!


    January 2, 2021 at 10:16 pm | Reply
  65. 제주출장마사지

    This is a great tip particularly to those fresh to the blogosphere. Simple but very precise informationÖ Appreciate your sharing this one. A must read post!


    January 2, 2021 at 9:49 pm | Reply
  66. Woodrow Black

    How do i put music playing on my wordpress homepage?


    January 2, 2021 at 7:59 pm | Reply
  67. Shane Bernhard

    Spot on with this write-up, I actually assume this web site wants much more consideration. I’ll most likely be once more to learn much more, thanks for that info.


    January 2, 2021 at 4:41 am | Reply
  68. pest control

    Greetings from Ohio! I'm bored to death at work so I decided to check out your website on my iphone during lunch break. I love the knowledge you provide here and can't wait to take a look when I get home. I'm shocked at how fast your blog loaded on my phone .. I'm not even using WIFI, just 3G .. Anyways, wonderful blog!


    January 2, 2021 at 3:25 am | Reply
  69. bộ thể thao nữ hàng hiệu

    I think this is among the most significant info for me. And i am glad reading your article. But should remark on some general things, The website style is perfect, the articles is really excellent : D. Good job, cheers


    January 1, 2021 at 11:50 am | Reply
  70. Keli Chrabasz

    What is a good firefox addon to save massive number of pictures on separated links?


    January 1, 2021 at 6:39 am | Reply
  71. search engine optimisation brisbane

    Do you have a spam issue on this blog; I also am a blogger, and I was curious about your situation; we have created some nice procedures and we are looking to exchange methods with other folks, why not shoot me an e-mail if interested.


    December 31, 2020 at 7:52 pm | Reply
  72. Yuk Brodish

    want to start blog how and where go about it?


    December 31, 2020 at 4:48 pm | Reply
  73. Tifany Amadi

    What is a good free blogging website that I can respond to blogs and others will respond to me?


    December 29, 2020 at 6:46 pm | Reply
  74. list of water treatment companies in chennai

    The date is placed on diary and calendar


    December 28, 2020 at 7:48 am | Reply
  75. Cary Bosell

    Hi there! Quick question that's completely off topic. Do you know how to make your site mobile friendly? My blog looks weird when browsing from my apple iphone. I'm trying to find a theme or plugin that might be able to correct this problem. If you have any recommendations, please share. Thanks!


    December 27, 2020 at 4:49 pm | Reply
  76. wearegeneralnews.com business

    Thanks for your entire hard work on this blog. My mum enjoys conducting investigations and it's really simple to grasp why. I hear all of the dynamic medium you convey practical techniques through your blog and therefore foster response from the others on this area and our favorite daughter is without a doubt being taught a great deal. Have fun with the remaining portion of the new year. You have been conducting a fabulous job.


    December 26, 2020 at 9:15 pm | Reply
  77. Accounts Payable

    Great post! I work in accounts payable so this was helpful for me.


    December 26, 2020 at 2:41 pm | Reply
  78. Delfina

    I needed to write you one tiny word in order to thank you over again for these awesome views you've discussed on this website. It was simply wonderfully open-handed with you to provide unhampered just what a number of us could have made available for an e book to help with making some cash for their own end, mostly considering that you might well have tried it in the event you desired. These good tips as well acted to be the good way to be sure that other people online have similar passion the same as my very own to figure out great deal more in terms of this issue. I'm sure there are a lot more enjoyable situations in the future for people who take a look at your blog post.


    December 26, 2020 at 12:27 am | Reply
  79. Hershel Paolicelli

    There is visibly a bundle to find out about this. I assume you ensured great factors in features additionally.


    December 24, 2020 at 11:18 pm | Reply
  80. Renata Felling

    Hello there! Would you mind if I share your blog with my facebook group? There's a lot of people that I think would really appreciate your content. Please let me know. Thanks


    December 18, 2020 at 5:17 pm | Reply
  81. Joni Ronk

    I'm really enjoying the design and layout of your website. It's a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a designer to create your theme? Fantastic work!


    December 6, 2020 at 6:06 pm | Reply
  82. DMC5

    The next time I read a blog, Hopefully it doesn't disappoint me just as much as this one. I mean, Yes, it was my choice to read, nonetheless I truly thought you would probably have something helpful to say. All I hear is a bunch of moaning about something you could possibly fix if you were not too busy searching for attention.


    May 14, 2019 at 4:14 pm | Reply
  83. Brooke Mensalvas

    I would just like to say that I love all US Presidents and Founding Fathers! The President of the United States is both an honor and considered one of the world's most powerful people. Keep up the good work!

    January 12, 2018 at 2:58 pm | Reply
  84. tenis da adidas barato


    May 7, 2017 at 2:18 pm | Reply
  85. Tonisha Hukill

    Good write-up. I absolutely appreciate this site . Keep it up!


    April 22, 2017 at 3:43 pm | Reply
  86. Chance Rojek

    This is the very best search system in the world


    April 20, 2017 at 3:59 am | Reply
  87. Minnie Kentner

    Excellent article. I absolutely appreciate this site . Stick with it!


    April 19, 2017 at 4:48 am | Reply
  88. Lashawnda Mccollum

    This is the awesome wonderful search engine in the world


    April 15, 2017 at 6:38 am | Reply
  89. Interpol

    Attention: Sir/Ma.
    This is to inform the general public that those who have be scammed or defrauded by some internet loan lending companies or by other methods have been giving the opportunity to recover their lost money by the International Police Africa (Interpol), they have been able to carry out investigations and arrest some of the Loan Lending Companies, please only those who have legit evidence about been defrauded will be attended to and you will be compensated with a certain amount. Please help to share this message so many brothers, sisters and friends have been a victim. Kindly contact International Police Africa (INTERPOL) on email:
    internationalpol.co.za@safrica.com for more information.

    February 17, 2017 at 6:02 am | Reply
  90. tony

    What about all the priceless artifacts and records that were in the Iraqi museum that disappeared when we invaded. This was possibly the real inside jobs objective. I still have a problem with the tungsten bait and switch that occured, most believe, during the Clinton administration. It would not have been noticed by anyone in the US media because we have no real journalist with a platform in the main stream. It escapes my memory but when was it that the Rothschilds got out of the Gold game?

    January 28, 2012 at 1:58 am | Reply
  91. Luciano Robinson

    Any news about A defector's strange disappearance?

    December 18, 2011 at 9:17 am | Reply
  92. Beverly Hubbs

    As the Palistinians refuse to recognize Isreals' right to exist..Isreal has every right to view them as an enemy..right..?

    December 9, 2011 at 7:07 pm | Reply
  93. Mufasa Sand

    Greetings all, I am Mufasa Sand, formerly Mufasa Snow, of House Hussein, the First of His Name, King of the Iraqis and the First Men, Lord of the Middle East and Protector of the Realm, bastard son of Saddam Hussein and rightful heir to the Iraqi throne.

    A manservant of mine named Brian H. brought this Web site to my attention, for I've been searching for this missing $6 billion for years. Safe to say I've sent Brian H. down to the dungeons because I "promised" him 10 percent. We'll see how useful that 10 percent will be when Ser Illyn Mohammed lops his head off! Ha!

    Nevertheless, the $6 billion is mine, and I need it to buy sellswords and build ships so I can wage war on Wikipedia for not recognizing me as the legitimate heir to the Iraqi throne.

    The one who returns the $6 billion to me will be offered lordship, lands and wealth. Those who fail to comply will meet the same fate as Brian H.

    You have a fortnight to send the funds to my estate. Thank you all. May the Seven guide you through your miserable lives.

    - Mufasa Sand, formerly Mufasa Snow, of House Hussein, the First of His Name, King of the Iraqis and the First Men, Lord of the Middle East and Protector of the Realm, bastard son of Saddam Hussein and rightful heir to the Iraqi throne.

    October 29, 2011 at 3:25 pm | Reply
    • Havoth

      @ Mufasa Sand (of Dorne, obviously) I loved the SOIAF/ GRRM references. Thank you fellow bookworm. I am starting to think Prince Doran Martell is the smartest man in the whole of Westeros. Who would his real world counterpart be? Obama? Or Warren Buffett? Or Ghandi?

      November 1, 2011 at 9:55 am | Reply
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Post a comment


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.