This statement was given by rumsfeld one day before the terror attacks:
On September 10, 2001, Defense Secretary Donald Rumsfeld gave a Speech on DoD Acquisition and Logistics where he famously stated that the Pentagon could not track $2.3 trillion in financial transactions.
Reuters
The core facts regarding this statement clarify what happened:
The Core Issue: The missing $2.3 trillion did not represent actual "stolen" or "lost" cash. It referred to unverified ledger transactions and systemic accounting errors caused by the Pentagon's use of dozens of incompatible and obsolete computer systems.
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The "Unaccounted For" Amount: Some estimates suggest roughly $2.3 trillion in Department of Defense transactions lacked the necessary documentation or proper receipts required by standard accounting practices at the time.
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Context of the Speech: Rumsfeld was not attempting to break a new scandal on the eve of the 9/11 attacks; he was using the $2.3 trillion figure to illustrate the inefficiency of the Pentagon bureaucracy to a group of financial managers. He cited the fact as proof that the military's financial infrastructure needed an urgent overhaul.
Reuters
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Broader Implications: For decades, the Pentagon has notoriously struggled with its financial audits. While this lack of paper trails and "unaccounted for" data does not explicitly mean the funds were stolen, experts highlight that poor bookkeeping makes it dramatically easier to hide fraud and waste within defense