The investigative arms of the U.S. congress has released a report claiming that small arms given to Iraqi forces have been lost and may be ending up in the hands of insurgents.

The Pentagon has lost track of about 190,000 AK-47 assault rifles and pistols given to Iraqi security forces in 2004 and 2005, according to a new government report, raising fears that some of those weapons have fallen into the hands of insurgents fighting U.S. forces in Iraq.

The weapons, given by the United States to help rebuild security forces in Iraq, are believed to be used by insurgents in their attacks against coalition forces.

One senior Pentagon official acknowledged that some of the weapons probably are being used against U.S. forces. He cited the Iraqi brigade created at Fallujah that quickly dissolved in September 2004 and turned its weapons against the Americans.

Read the entire report by the General Accountability Office here.

Also, to see prices of illegal small arms in Iraq and around the world, please visit our Arms Trafficking page.