Ex-Halliburton Subsidiary Worker Guilty

[Rose Siding]

PEORIA, Ill. -- A former employee of a Halliburton Co. subsidiary pleaded guilty Friday to accepting more than $100,000 in kickbacks from an Iraqi company in exchange for securing it a U.S. military construction contract, prosecutors said.

Glenn Allen Powell, 40, of Cedar Park, Texas, will be sentenced Nov. 18 in federal court for major fraud against the United States and violating the anti-kickback act. He faces 10 years in prison on each count and up to $1.25 million in fines.

"He's very sorry about what he did. He made a mistake and he wants to make it right," said Powell's attorney, Samuel Bassett.

Powell, who was fired after an internal investigation, has repaid part of the money to Halliburton and plans to repay the rest, Bassett said.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/19/AR2005081901533.html

[evermind]

1. Paid by Iraqi company, repaid money to Haliburton..? I don't get it! (n/t)

[Vickers]

2. "He made a mistake and he wants to make it right"

Yeah buddy, that's where your prison time will come in handy. :eyes:

[sintax]

3. Texas Man Admits Taking Kickbacks from Iraqi Company-Halliburton Employee

Texas man admits taking kickbacks from Iraqi company

THE NEWS TRIBUNE
Published: August 20th, 2005 12:01 AM


A former employee of a Halliburton Co. subsidiary pleaded guilty Friday to accepting more than $100,000 in kickbacks from an Iraqi company in exchange for securing it a U.S. military construction contract, prosecutors said.

Glenn Allen Powell, 40, of Cedar Park, Texas, will be sentenced Nov. 18 in federal court for major fraud against the United States and violating the anti-kickback act. He faces 10 years in prison on each count.

http://www.thenewstribune.com/news/nationworld/story/5116148p-4657560c.html

[William769]

4. Can anyone say Pardon?

[Roland99]

5. Well, when the practice has been made commonplace by those in charge....

[gratuitous]

6. $100,000? Chump change

Where's the $9 billion that disappeared in Iraq under Paul Bremer?

[Yo_Mama_Been_Loggin]

7. So is he going to squeal on Uncle Dick as part of a plea bargain?