Wednesday, February 07, 2018

Exclusive: Massive Pentagon agency lost track of hundreds of millions of dollars - POLITICO

Exclusive: Massive Pentagon agency lost track of hundreds of millions of dollars - POLITICO:
Image result for money gone"One of the Pentagon’s largest agencies can't account for hundreds of millions of dollars’ worth of spending, a leading accounting firm says in an internal audit obtained by POLITICO that arrives just as President Donald Trump is proposing a boost in the military budget.
Ernst & Young found that the Defense Logistics Agency failed to properly document more than $800 million in construction projects, just one of a series of examples where it lacks a paper trail for millions of dollars in property and equipment..."
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