8/17/2005

Daily Kos :: Comments the largest one-time cash transfer in the history of the New York Fed

Payment to Custer Battles (none / 0)

From the Waxman report U.S. MISMANAGEMENT OF IRAQI FUNDS

According to Mr. Willis, when contractors needed to be paid by the CPA, they
were told to "bring a big bag" for a cash payment.40 Mr. Willis personally
witnessed a $2 million payment to contractor Custer Battles in shrink-wrapped stacks of $100 bills retrieved from a vault. 41 Photo 2.

PHOTO 2: CPA officials standing with $2 million in cash used to pay Custer Battles.

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Daily Kos :: Comments the largest one-time cash transfer in the history of the New York Fed

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