The Daily Caller

The Daily Caller
U.S. Secretary of State John Kerry attends a news conference with Moroccan Foreign Minister Salaheddine Mezouar following a bilateral strategic dialogue at the Foreign Ministry in Rabat, April 4, 2014. REUTERS/Stringer U.S. Secretary of State John Kerry attends a news conference with Moroccan Foreign Minister Salaheddine Mezouar following a bilateral strategic dialogue at the Foreign Ministry in Rabat, April 4, 2014. REUTERS/Stringer  

State Department has $6 billion in missing funds due to lack of oversight

The U.S. State Department does not know what happened to $6 billion in money intended to pay outside contractors, including companies in Iraq and Afghanistan.

A recently released management alert found that a lack of oversight at the agency resulted in the six billion missing dollars.

The department’s lack of oversight “exposes the department to significant financial risk,” according to the memo, and “creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file. It impairs the ability of the Department to take effective and timely action to protect its interests and, in turn, those of taxpayers.”

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