US Wasted £21 bn on war contractors

  1. Charles James profile image85
    Charles Jamesposted 5 years ago

    From the Daily Telegraph (a Conservative newspaper) 25 July 2011
    "America has squandered £21 billion on private sector contracts during a decade of war in Afghanistan and Iraq according to a draft congressional report.
    Waste, mismanagement and poorly conceived projects mean the US could have lost close to 20 per cent of its tortal spending of £126 billion.
    One subcontractor in eastern Afghanistan spent a fifth of its funds for one project paying protection money to local insurgents to avoid being attacked, according to newspaper reports".

    I am not an American but as a taxpayer I am outraged!

  2. Reality Bytes profile image95
    Reality Bytesposted 5 years ago

    But Charles, Afghanistan does not have a central bank.

    The masters need to have their priorities regardless the cost!