Halliburton Iraq contract queried ............... ($$ 7B cap)

[cthrumatrix]

Halliburton Iraq contract queried
Last Updated: Friday, 30 May, 2003, 14:28 GMT 15:28 UK

" Halliburton could have years of work in Iraq
Halliburton, the oil services and construction group once led by US vice president Dick Cheney, is in the spotlight once again over its role in the reconstruction of Iraq.
The Houston-based firm has been given reconstruction contracts worth almost $500m so far, according to a US congressman.

Henry Waxman, a California Democrat, has written to the US army questioning why so much work has been given to Halliburton's subsidiary Kellogg Brown & Root without any competition."

snip....
http://news.bbc.co.uk/2/hi/business/2950154.stm

Our glorious press working hard to avoid some of the most obvious questions. Good thing the BBC has a spine and is trying to share the "wealth transfer" taking place.

Our tax dollars to....Halliburton and Brown and Root ...no bids necessary.

What the hell...I gues if Chaney's energy task force had maps of Iraq and we can't get a single question...maybe I am expecting too much from our "corporate media lapdogs" selling us down the river.

[cthrumatrix]

1. how much $$$ you say...?

"But Mr Waxman has sought assurances that the US army has measures in place to limit the total sums paid to Halliburton.

He suggested another contract with the US Army Corps of Engineers to repair and operate oil wells in Iraq was already worth more than $70m, with a ceiling of $7bn.

"When the contracts are combined, the total amount that Halliburton has received to date for work related to Iraq is now nearly $500m," said Mr Waxman. "

good thing there's a cap.

[cthrumatrix]

2. seems like a cozy relationship going on for years.....

snip...

"Under a similar contract, Brown & Root was paid $1.2bn for supporting US troops in the Balkans between 1992 and 1999. "

snip