4/24/2004 12:43:00 PM

Operation Kickback

...according to experts monitoring the situation... almost 20 percent of the billions of American taxpayers dollars being spent to rebuild Iraq is being lost to corruption.

Meanwhile, the report also documents the failure of the US government to effectively oversee expenditures in a reconstruction effort that the reports say costs 10 times more per capita than the Marshall Plan (the US-led effort to rebuild Germany after WWII).