Disclaimer

under LDCs, crime, finance, government, international, law, military, security, trend

Xe:

The joint audit by the Special Inspector General for Iraq Reconstruction and the United State Department of State Inspector General released yesterday does not, as some press reports have suggested, allege that Blackwater was ever complicit in overbilling the United States government for work it performed in Iraq in 2006 and 2007.

The audit does not even state that the government overpaid Blackwater for staffing issues. All it suggests is that invoices spanning a period of time are reviewed. A $55 million penalty has in no way been determined.

In fact, the government contracting officer determined that Blackwater was compliant with the terms of the contract at the time for which they were reviewing and the therefore did not apply any deductions or penalties. Blackwater only billed for services provided.

But we thought you were "Xe."

(yeti)

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