US report criticizes DynCorp Iraq police spending

Defense News ~ WASHINGTON, Jan 25 (Reuters) - The special U.S. inspector general for Iraq reconstruction has renewed criticism of spending by U.S. defense contractor DynCorp International (DCP.N) on its $2.5 billion contract to train Iraqi police, the Washington Post reported on Monday.
In a report due to be released on Monday, Stuart Bowen Jr., the special inspector general, also cited the State Department for continued failure to adequately oversee the five-year-old contract, the newspaper reported.
The report stated that as a result of this, "over $2.5 billion in U.S. funds are vulnerable to waste and fraud," the Post said. The report dealt only with funding, not with whether the training effort was succeeding or failing, the Post said.
It marked the second time in three years that the special inspector general criticized spending by DynCorp on its contract, the newspaper said. The State Department said the charge was "unfounded," the Post reported.
(Reporting by Tabassum Zakaria; Editing by Will Dunham)