Shortly Before June 28, 2004: CPA Staff Encouraged to Spend Iraq’s Cash Quickly before Transfer of Power

Staff members of the Coalition Provisional Authority are reportedly encouraged to spend Iraq’s cash quickly before power is transferred to the Iraq interim government. In the south-central region of Iraq, one official is given $6.75 million in cash on June 21, 2004 “with the expectation of disbursing the entire amount before the transfer of sovereignty.” [Special Inspector General for Iraq Reconstruction, 4/30/2005, pp. 8 ; Guardian, 5/6/2005]