Editing Development Fund for Iraq (section)

===Waxman audit===
On June 20, 2005 the staff on Congressman Waxman's Committee on Government Reform released [https://web.archive.org/web/20061227183442/http://www.democrats.reform.house.gov/story.asp?ID=873&Issue=Iraq+Reconstruction a highly critical report].

In their [[International Advisory and Monitoring Board]]'s [http://www.iamb.info/pr/pr062204.htm press release of June 22, 2004] states:
:''"The IAMB was also informed by the CPA that '''contrary to earlier representations''' the award of metering contracts have been delayed and continues to urge the expeditious resolution of this critical issue."''
The CPA was shipping Iraqi oil through a pipeline system with non-functioning meters. The actual amount of oil being shipped would have had to be estimated. The Iraqi people were left in the position where they had to trust that the CPA's estimates were honest.