US money is 'squandered' in Iraq Millions of dollars in US rebuilding funds have been wasted in Iraq, US auditors say in a report which warns corruption in the country is rife.
A never-used camp in Baghdad for police trainers with an Olympic-size swimming pool is one of the examples highlighted in the quarterly audit.
Billions of budgeted dollars meanwhile remain unspent by Iraq's government.
The report comes as President Bush is urging Congress to approve $1.2bn (£600m) in further reconstruction aid.
The audit by Stuart Bowen, the special inspector general for Iraq reconstruction (Sigir), is the latest in a regular series of updates to Congress.
Mr Bowen's audit office began operations in March 2004 and is currently conducting 78 investigations, of which 23 have been referred to the US Department of Justice.
There have so far been four convictions.
His office, which was nearly closed down last year by Republicans, is now due to carry on its oversight work through 2008. BBC
