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Billions of dollars for Iraq reconstruction missing

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Some $6.6bn (£4bn) flown into Iraq eight years ago may have been stolen, according to a US official investigating fraud in the country.

The missing money may represent “the largest theft of funds in national history”, investigator Stuart Bowen told the Los Angeles Times newspaper.

A third audit is being conducted to find the money, which was shipped from the US between 2003-2004, he said.

Full story: US: Iraq reconstruction billions ‘may have been stolen’

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