News Flash: Pentagon Cannot Account For $6.5 Trillion Dollars
According to the report by the Fiscal Times:
"An increasingly impatient Congress has demanded that the Army achieve “audit readiness” for the first time by Sept. 30, 2017, so that lawmakers can get a better handle on military spending. But Pentagon watchdogs think that may be mission impossible, and for good reason…"
"The Defense Finance and Accounting Service (DFAS), the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data."
"The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs."
The last time a large amount of funds were reported missing - only $2.3 trillion - the people charged with the investigation and their records were obliterated by an "aircraft" which smashed into the Pentagon on 9/11. I wonder, will this be déjà vu all over again?
Please go here for the complete article: Pentagon Cannot Account For $6.5 Trillion Dollars, Jay Syrmopoulos, Global Research, August 16, 2016.
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