03-04-2010, 06:39 AM
[URL="http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/the-newspaper/front-page/06-pakistan-loses-$400m-to-enhanced-oversight-330-rs-08"]Pakistan loses $400m to ââ¬Ëenhanced oversightââ¬â¢[/URL]
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Quote:ISLAMABAD: Over $400 million in reimbursement claims by Pakistan under Coalition Support Fund (CSF) for 2008 have been rejected by the United States because of new guidelines requiring ââ¬Ëenhanced oversight and accountabilityââ¬â¢.<img src='http://www.india-forum.com/forums/public/style_emoticons/<#EMO_DIR#>/smile.gif' class='bbc_emoticon' alt='' />
Total claims for 2008 were $1.4 billion, but Pakistan got $997 million in reimbursement, whereas the remaining claims were disallowed on grounds of ââ¬Åinadequate substantiation, over-billingââ¬Â and other objections, sources told Dawn.
About $548 million were initially paid and the rest was deferred. It took the Pentagon another 18 months to settle the deferred claims. While paying $349 million last week in settlement of all claims from 2008, US officials reportedly tendered a callous excuse for the long delay: accounting problems.
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