| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Pentagon ‘Loses” $6.5 Trillion in Defense Funds – Only $ 3 Trillion went Missing after 9/11 but no Attacks Cover this ‘Theft’?
Wednesday, August 3, 2016 10:22
% of readers think this story is Fact. Add your two cents.
An increasingly impatient Congress has demanded that the Army achieve “audit readiness” for the first time by Sept. 30, 2017, so that lawmakers can get a better handle on military spending. But Pentagon watchdogs think that may be mission impossible, and for good reason.
A Department of Defense inspector general’s report released last week offered a jaw-dropping insight into just how bad the military’s auditing system is.
The Defense Finance and Accounting Service, the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data.
BBC reports building 7 down BEFORE it actually happened!!!
The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs.
READ MORE…
WHERE IS YOUR MONEY?
