Tuesday, April 20, 2021
ECONOMY State Department Misplaced $6B Under Hillary Clinton

State Department Misplaced $6B Under Hillary Clinton

Like the post? Why not make it Facebook official. ⇊

hilary

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.


 

General Michael Flynn defense fund Fellow patriots, please listen to this short, inspiring message from General Flynn. General Michael Flynn exemplifies patriotism, courage, and love of God and country - despite some of his own countrymen relentlessly attacking him. Donations for his defense are greatly appreciated. If you can only give $5.00, please do so - every little bit helps. Thank you so much, and God bless. Letter from General Flynn. 


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.”

You Might Like

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.

“The failure to maintain contract files adequately creates significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” the alert states.

The situation “creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file,” the report concluded.

The State Department’s inability to properly file its paperwork is causing most of the losses, according to the report.

The IG “found repeated examples of poor contract file administration” over the years, the report said.

Contracts related to the U.S. war in Iraq, for instance, could not be produced in 33 out of 115 instances, according to the report.

“A recent OIG audit of the closeout process for contracts supporting the U.S. Mission in Iraq revealed that contracting officials were unable to provide 33 of 115 contract files requested in accordance with the audit sampling plan,” the report states.

The value of the 33 “missing files” totaled $2.1 billion, according to the report.

Additionally, 48 of the 82 contract files that were produced “did not contain all of the documentation required by” internal regulations, according to the report.

The 48 “incomplete files” were worth another $2.1 billion, according to the report.

A further audit of the department’s Bureau of African Affairs found that administrators “were unable to provide complete contract administration files for any of the eight contracts that were reviewed.”

These contracts were worth $34.8 million.

The investigation also found instances in which a company owned by the spouse of a contractor employee was not properly documented.

“In the case of work undertaken by OIG’s Office of Investigations, one investigation revealed that a contract file did not contain documentation reflecting that modifications and task orders were awarded to the company owned by the spouse of a contractor employee performing as aContract Specialist for the contract,” the report states.

The contract in question was worth $52 million.

The report outlines several other instances in which contracts worth great values were mishandled.

“In a number of recent OIG inspections, OIG identified contract file management deficiencies. For example, COR files for a $2.5 million contract lacked status reports and a tally of the funds expended and remaining on the contract,” the report states.

The State Department appeared to agree with the IG’s recommendations in a March 28 response and said that it intends to ensure that contracts are completed properly.

 

Written by Adam Kredo on the Washington Free Beacon


Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of TCP News

What you can do to help:

 

It is vitally important that we all take the time to like and share articles regardless of what site you are on. Conservative sites (like this one) cannot count on traffic from Facebook etc. any more. Subscribing is also important; this bypasses the censorship. The more that we can get the word out the better – and in order to continue bringing you content like this – we ALL need traffic in order to survive. Sign up for desktop notifications (the red bell symbol). Running a website is not only expensive, it also takes a lot of time and effort.

No one likes ads, but very few people will donate, hence the reason most of us have ads.

Besides donating and clicking on ads, you can make a purchase from our store and buy my book.

Don't forget to follow TCP News on Parler, USA Life, Gab, Facebook, and Twitter

TCP News is proud to be ranked #24 in the Top 40 Conservative Political Blogs

Thank you for helping us grow, we appreciate it!


2 COMMENTS

    • Well, Wulfrano, it is highly suspect that 6 billion can just disappear without any trace. The lies continue in this administration. Hilary lied about Benghazi, she is lying about this now. Sad for our country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related news

A Tale of Two Shootings and Two Different Justice Systems

The current officer who killed Babbitt is being protected. The former officer who mistakenly killed Wright is being prosecuted   By Jeff Crouere (TCP News)  On January...

Col. Phil Waldron Returns to Arizona Today With Lyle Rapacki to Discuss Maricopa County Election Audit

Lyle Rapacki discusses the upcoming Maricopa County election audit with Col. Phil Waldron   By Lyle Rapacki (TCP News)  Herein is the release of Part II of...

Strange Booming Noises, Extreme Weather, Volcanic Eruptions, New Dead Sea Scroll Fragments – the Son of Man Cometh

Officials erected a giant fence around the church with 200 armed guards to keep people out - in Canada   By Rob Pue, Publisher - Wisconsin...

Exacerbating Racism in America: The ‘Prayer’ to Hate White People

This is wokeness on steroids, promoting hatred instead of love - in the name of God   By Jerry Newcombe, D.Min. (TCP News)  While America has unquestionably...