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Exposing The Pentagon’s Massive Accounting Fraud

The Pentagon’s Massive Accounting Fraud Exposed, How US military spending keeps rising even as the Pentagon flunks its audit. The Nation , By Dave Lindorff, NOVEMBER 27, 2018 In November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest discretionary cost center—the Pentagon receives 54 cents out of every dollar in federal appropriations—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible………..
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December 1, 2018 - Posted by | politics, USA, weapons and war

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