How the US sent $12bn in cash to Iraq. And watched it vanish | World news | The Guardian

The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent.

The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee.

If it is not recycled within the CIA, it could be used to finance war in Afghanistan or a life of luxury in any country with low costs and corruptible customs officers.

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