Iraq Oil fund was suspiciously tapped before handover:

"U.S. officials in charge of the Development Fund for Iraq drained all but $900 million from the $20 billion fund by late June in what one watchdog group has called an '11th-hour splurge.'

An international monitoring board is planning an audit of money from the development fund that was spent on contracts for Iraq's reconstruction that were approved without competitive bidding. The fund, made up largely of Iraqi oil revenue, is intended to pay for the rebuilding of Iraq. "