Undisclosed Docs SHED LIGHT on More Halliburton Billing ABUSE

[kpete]

Undisclosed documents shed light on further Halliburton billing abuse; $57m in new questioned charges

RAW STORY
Published: Tuesday March 28, 2006


An analysis by a Democratic congressman of Halliburton's third major contract in Iraq found that the firm's third contract was ripe with allegations of billing abuse, RAW STORY has learned.

According to Waxman's review, some $57 million in charges were questioned by the Defense Contract Audit Agency, an arm of the Pentagon, in a random audit of several task orders. Out of $111 million in costs examined, $57 million were questioned or unsupported -- more than 50% of the total costs for these orders.

Halliburton has faced scrutiny of its Iraq contracts before -- they were awarded a secret "no-bid" contract as the US went to war in Iraq in March 2003. Army auditors previously questioned large chunks of Halliburton's billing, but the company was awarded a bonus for their work regardless.

Though the Army flagged $263 million of an earlier $1.5 billion contract as unsupported, they ultimately decided to pay the firm $253 million of the 263. This was reported by the New York Times in February.

more at:
http://www.rawstory.com/news/2006/Democratic_oversight_review_of_Halliburton_contract_0328.html