Bush loses $100 million in Iraq
$100m gap in US Iraq spending
US civilian authorities in Iraq have been unable to account properly for nearly $100m (£53m) earmarked for rebuilding, US financial auditors say.
Two audits found signs of potential fraud regarding the money, which includes oil revenue and assets seized from Saddam Hussein's government.
A third questioned the use of almost $18bn in US taxpayers' money for reconstruction projects in Iraq.
The audits found "no assurance that fraud, waste and abuse did not occur".
Distribution of the funds was first the responsibility of the US-led Coalition Provisional Authority, and later of an organisation managed by the US embassy in Iraq.
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