GAO Cites Army's Sloppy Record Keeping

[deadparrot]

WASHINGTON - The Army can't account for $68 million in parts and tools shipped to contractors for repairs in 2004 because it doesn't demand receipts, congressional auditors said Wednesday.

"Although the (Defense Department) policy requires the military services to confirm receipt of all assets shipped to contractors, the Army is not consistently recording shipment receipts in its inventory management systems," the Government Accountability Office said in a 34-page report.

In earlier audits, the GAO found a similar lack of basic accounting oversight with Navy and Air Force parts and tool shipments.

Each year, the Army ships thousands of items, ranging from small tools to turbine engines, to private contractors for repair, alterations or modifications. Looking at data from two inventory control points, the GAO investigators said 15 percent — or $68 million — of the unclassified shipments they analyzed "could not be confirmed as being received."

http://news.yahoo.com/s/ap/army_missing_parts

[acmavm]

1. Whatever, I'm just so damn disgusted with these bastards I could cry.

I'm always broke and they 'lose' 68 million dollars worth of shit WE, YOU AND ME, have to pay for. I can't have health care, I can't pay my heating bills, I don't have the money to fix a car, and these assholes 'lose' 68 million dollars worth of parts and whatever.

How frigging stupid do you have to be to work for the goverment? Oh hell, never mind.

[Xipe Totec]

2. Don't cite them, just cut it from the budget

Any money they can't account for, just slash it from next year's budget. If they don't know where the money went, they just don't need it.

[lovuian]

3. GAO they are ROBBING US!!! ARREST THEM!!!

what good is investigations when they keep on stealing...

Oh that we KNOW they are stealing!!! and they still steal!!!