Halliburton Finds Possible Iraq Kickbacks

[joeunderdog]

WASHINGTON (Reuters) - Halliburton Co. (NYSE:HAL - news) workers may have taken kickbacks from a Kuwaiti subcontractor supplying U.S. troops in Iraq (news - web sites), causing a potential $6 million overcharge to U.S. taxpayers, the company said on Friday.

Moving to blunt the firestorm of criticism, the company said late on Friday it had sent a $6.3-million check to the U.S. Army Materiel Command, its customer, to cover potential overbilling.

snip

Democrats in Congress have been pressing to determine whether the company traded on political connections to get lucrative deals. Cheney was its chief executive from 1995 until 2000, when he stepped down to become George W. Bush's running mate.

snip

Senate Democratic leader Tom Daschle of South Dakota urged on the Senate floor that no new contracts be granted to the company until doubts have been "resolved."

more...
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20040123/bs_nm/iraq_halliburton_dc

This is what you get when you take language out of the budget for going after fraud in contract...eh, Mr. President?

[arcane1]

1. it's not god-damned "overbilling"

it's STEALING!!!! :grr:

rate this a 5, please

[Moderator]

2. Dupe... locking

Please continue discussion within this thread, which was not the original, but has received significantly more replies:

Halliburton Tells Pentagon Workers Took Kickbacks Award Projects in Iraq (by demdave)

Here is the original LBN thread on this subject:

Halliburton audit finds possible problems (by rmpalmer)

Thanks!

DU Moderator