On Thursday, the Senate Foreign Relations Committee will be holding a hearing on the release of Lockerbie airliner bomb Abdelbaset al-Megrahi, and the role that BP may have played. Today, however, ousted BP CEO Tony Hayward told reporters that he wouldn’t be attending the hearing because he’s “too busy”:
Sen. Robert Menendez (D-NJ) was infuriated by Hayward’s reply, stating, “It is apparently more important to BP and Mr Hayward to focus on his multimillion dollar golden parachute than to help answer serious questions about whether the company advocated trading blood for oil.”
A US federal watchdog has criticised the US military for failing to account properly for billions of dollars it received to help rebuild Iraq.
The Special Inspector General for Iraq Reconstruction says the US Department of Defence is unable to account properly for 96% of the money.
Out of just over $9bn (£5.8bn), $8.7bn is unaccounted for, the inspector says.