How big is Iraqi black hole ... for taxpayers?

#1
http://news.yahoo.com/s/ap/20051011...AeTYkOs0NUE;_ylu=X3oDMTA2Z2szazkxBHNlYwN0bQ--

Iraq has issued arrest warrants against the defense minister and 27 other officials from the U.S.-backed government of former Prime Minister Iyad Allawi over the alleged disappearance or misappropriation of $1 billion.
...
Many of the officials are believed to have left Iraq, including Hazem Shaalan, the former defense minister who moved to Jordan shortly after the new government was installed.
I suppose that our American friends naively thought that the minister would loot 1 as maximum 10 millions. But 1 BILLION (!!!) during such a short time interval. No doubt that mr.Shaalan should be regarded as a greatest looter in human history. There are estimates that Saddam had about $10 Billions. But he was not only a minister but in fact a master of oil-rich country for decades.
 

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