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The looting of Iraq Nearly $9 billion in Iraqi funds disappeared

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On July 27, the office of the U.S. Special Investigator for Iraq Reconstruction released a report that states the Pentagon cannot account for an astounding 95 percent of at least $9.1 billion in Iraqi funds that it seized when U.S. forces conquered Iraq and dismantled its government in 2003. A total of $8.7 billion has disappeared from the "Development Fund for Iraq."

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