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Missing: $6 billion from the State Department; If found please return to taxpayers

By Doug Powers  •  April 4, 2014 08:25 PM

**Written by Doug Powers


In fairness, a believable excuse from the State Department for $6 billion unaccounted for would be “forgot to save a few bar receipts.”

From the Free Beacon:

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.

In the world of federal government finances, being unable to account for an amount of money that translates to some 10 to 15 percent of the department’s annual budget might be considered “nailed the audit!”

How fast would the head of a corporation be hauled before a congressional committee and maybe even perp walked for a similar “oops”? Instead, the person who was at the head of the State Department during much of this time is considered by many a front-runner for the presidency. “Smart Power™” works in mysterious ways.


**Written by Doug Powers

Twitter @ThePowersThatBe

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