The Defense Department’s Inspector General, in a June report, said the Army made $2.8 trillion in wrongful adjustments to accounting entries in one quarter alone in 2015, and $6.5 trillion for the year. Yet the Army lacked receipts and invoices to support those numbers or simply made them up.
As a result, the Army’s financial statements for 2015 were “materially misstated,” the report concluded. The “forced” adjustments rendered the statements useless because “DoD and Army managers could not rely on the data in their accounting systems when making management and resource decisions.”
6 comments:
Move over Enron! The army can do it better!
That's TRILLIONS of dollars, as in thousands of billions, or hundreds of thousands of millions.
It takes a lot of money to run all of the black operations this military is involved in. Overthrowing dictators and stealing natural resources takes a tremendous amount of money.
My tax dollars, once again, stolen by our government.
Clearly stolen, one of the bigger heist. You know its stolen when not 1 individual or department is investigating or holding anyone accountable. Lots of reasons to pay-off the fbi and doj!
Were the auditors who could 'follow the money,' and the computers whose data could help them do it, intentionally targeted, asked Jim Marrs and Barbara Honegger in her Pentagon Attack Papers? "It is worth noting that the Pentagon's top financial officer at the time, Dov Zakheim, who also acknowledged the 'missing' trillions, had a company that specializes in aircraft remote control technology."
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