UNITED NEWS INTERNATIONAL (UNI) — One of the U.S. Defense Department’s largest agencies said that it has lost track of hundreds of millions of dollars.
According to a Feb. 5 report by Politico, the Defense Logistics Agency cannot account for how it spent more than $800 million.
The money had been earmarked for various construction projects, but no one can say how that money was actually spent.
The findings came after Ernst & Young performed an independent audit of the agency covering the fiscal year that ended Sept. 30, 2016.
According to the report, the audit raises concerns about how the agency — and more broadly, the DoD as a whole — handles its budget.
A DLA spokesperson confirmed the results, but said that despite a proper paper trail, “there was no loss of accountability of real property or associated funding.”
DLA also said that it would work to clean up its reporting.