Getting your player ready...
WASHINGTON — Companies working on Iraq reconstruction have been accused of padding their profits through an insurance scam, leading to a criminal probe and hurried changes in the way many contracts are handled by the U.S. Army, according to internal military documents obtained by The Associated Press.
The investigation of two companies in Tikrit led the Army Corps of Engineers to scour its records for evidence of fraud by other contractors hired with billions of U.S. dollars.
Whether the two firms were paid for insurance they never obtained is being examined by the Army Criminal Investigation Command. The House Oversight and Government Reform Committee is to hold a hearing today.
