Project Nsearch

God, Hope & Helping Others

MitoCopper.com Nsearch: Coolest Stuff on the Planet

State Dept. misplaced $6B under Hillary Clinton: IG report

By Adam Kredo — The Washington Free Beacon - - Friday, April 4, 2014

The State Department misplaced and lost some $6 billion due to the improper filing of contracts during the past six years, mainly during the tenure of former Secretary of State Hilary Clinton, according to a newly released Inspector General report.

The $6 billion in unaccounted funds poses a “significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” according to the report.

The alert, originally sent on March 20 and just released this week, warns that the missing contracting funds “could expose the department to substantial financial losses.”


The report centered on State Department contracts worth “more than $6 billion in which contract files were incomplete or could not be located at all,” according to the alert.

“The failure to maintain contract files adequately creates significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” the alert states.

The situation “creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file,” the report concluded.


The State Department’s inability to properly file its paperwork is causing most of the losses, according to the report.

The IG “found repeated examples of poor contract file administration” over the years, the report said.

Contracts related to the U.S. war in Iraq, for instance, could not be produced in 33 out of 115 instances, according to the report.

“A recent OIG audit of the closeout process for contracts supporting the U.S. Mission in Iraq revealed that contracting officials were unable to provide 33 of 115 contract files requested in accordance with the audit sampling plan,” the report states.

The value of the 33 “missing files” totaled $2.1 billion, according to the report.

Additionally, 48 of the 82 contract files that were produced “did not contain all of the documentation required by” internal regulations, according to the report.

The 48 “incomplete files” were worth another $2.1 billion, according to the report.

A further audit of the department’s Bureau of African Affairs found that administrators “were unable to provide complete contract administration files for any of the eight contracts that were reviewed.”

These contracts were worth $34.8 million.

The investigation also found instances in which a company owned by the spouse of a contractor employee was not properly documented.

“In the case of work undertaken by OIG’s Office of Investigations, one investigation revealed that a contract file did not contain documentation reflecting that modifications and task orders were awarded to the company owned by the spouse of a contractor employee performing as a Contract Specialist for the contract,” the report states.

The contract in question was worth $52 million.

The report outlines several other instances in which contracts worth great values were mishandled.

“In a number of recent OIG inspections, OIG identified contract file management deficiencies. For example, COR files for a $2.5 million contract lacked status reports and a tally of the funds expended and remaining on the contract,” the report states.

The State Department appeared to agree with the IG’s recommendations in a March 28 response and said that it intends to ensure that contracts are completed properly.

• Adam Kredo is senior writer for the Washington Free Beacon. His Twitter handle is @Kredo0. His email address is kredo@freebeacon.com.

Views: 92

Comment

You need to be a member of Project Nsearch to add comments!

Join Project Nsearch

Donate to the Nsearch ministry

Donate to the Nsearch ministry monthly at the $3, $5, $10, $25, $50 or $100 level.  All your donations are used to record the anointed Word of God and spread it worldwide!  Thank you for your support!  

Donate One Time

Donate to our ministry one time or monthly in the amount you choose! All donations used for recording the anointed word of God!  Thank you for your support!

Visit Our Sponsors!

It is the Ministry of NSearch that all inherit the Kingdom of God

But if you are led by the Spirit, you are not under the law....

Now the works of the flesh are evident, 

which are adultery fornication, uncleanness, lewdness,

idolatry, sorcery, hatred, contentions, jealousies,

outbursts of wrath, selfish ambitions, dissensions, heresies, envy,

murders, drunkenness, revelries, and the like;

of which I (Paul the Apostle) tell you beforehand,

just as I also told you in time past, that those who 

practice such things will not inherit the kingdom of God. 

But the fruit of the Spirit is love, joy, peace, long-suffering,

kindness, goodness, faithfulness, gentleness, self-control,

against such there is no law. Those who are Christ's

have crucified the flesh with its passions and desires.

If we live in the Spirit, let us also walk in the Spirit.

Let us not become conceited, provoking one another,

envying one another.

Galatians 5:18-26

{Sorcery: "Pharmakia;" Primarily mentioned as one of the "works of the flesh." In "sorcery" the use of drugs. Blue Letter Bible. Galatians 5:20}

Nsearch Cool Gadgets

Russian Device Treats Diseases!

Get all the details on the Russian device and much more in my FREE ebook when you Sign Up for Project Nsearch and go to the Bonuses page when logged in!  Email glenn@nsearch.com if you have problems.

Donate to the Nsearch ministry monthly at the $5, $10, $25, $50 or $100 level.  Thank you for your support!  Also please join JesusHealingNow for more information on healing!

Donate to our ministry one time or monthly in the amount you choose!  Thank you for your support!

© 2019   Created by Glenn Canady.   Powered by

Badges  |  Report an Issue  |  Terms of Service