In this video (47 min 40 sec ) Dr Ali Fadhil, a 29 year old Iraqi doctor, investigates what has happened to billions of dollars worth of Iraqi money which was put into the care of the US led coalition to be spent for the benefit of Iraqi people on the reconstruction of their country. He uncovers a shocking story of fraud, incompetence and corruption, unscrupulous foreign contractors who made millions from dodgy contracts, and literally billions of dollars which cannot be properly accounted for. "...A square mile in central Bhagdad seemed like hell on Earth... Almost 3 years ago the British and American coalition which had overthrown Saddam Hussein was given a very special responsibility by the United Nations.
It was given trusteeship of more than twenty billion dollars ($20,000,000,000.00) which belonged to the people of Iraq. Over the next fourteen months it spent almost all of it. Yet no one can account for where it all went. Literally billions of dollars have gone missing. "American law was suspended. Iraqi law was suspended. And Iraq basically became a 'free fraud zone.' In a 'free fire zone' you can shoot at anybody you want. In a 'free fraud zone' you can steal anything you like." ...On Dispatches we reveal the fraud, incompetence and corruption which is the Iraq money pit. Today ordinary people all across Iraq are paying the price for that failure.