US money is 'squandered' in Iraq

BBC

Millions of dollars in US rebuilding funds have been wasted in Iraq, US auditors say in a report which warns corruption in the country is rife.
A never-used camp in Baghdad for police trainers with an Olympic-size swimming pool is one of the examples highlighted in the quarterly audit.

Billions of budgeted dollars meanwhile remain unspent by Iraq's government.

The report comes as President Bush is urging Congress to approve $1.2bn (£600m) in further reconstruction aid.

The audit by Stuart Bowen, the special inspector general for Iraq reconstruction (Sigir), is the latest in a regular series of updates to Congress. ......