Halliburton Flees the Scene of the Crime (ReclaimDemocracy.org)

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Halliburton Flees the Scene of the Crime


Print-friendly Page By Charlie Cray
Published March 12, 2007

With various ongoing investigations, Halliburton's sale of KBR and announcement that it will soon move to Dubai (in the United Arab Emirates), are tantamount to fleeing the scene of a crime.

Halliburton is moving to UAE at a time when it is being investigated in the U.S. for bribery, bid rigging, defrauding the military and illegally profiting in Iran.

It is currently in the process of divesting all of its ownership interest in the scandal-plagued KBR subsidiary, notorious for overcharging the military and serving contaminated food and water to the troops in Iraq.

Although Halliburton will still be incorporated inside the United States, moving its corporate headquarters to UAE will make it easier to avoid accountability from federal investigators. The company has proven adept at using offshore subsidiaries to circumvent restrictions on doing business in Iran and to elude responsibility for paying benefits to former employees.

Halliburton has also used its operational structure for contracts in Iraq and post-Katrina -- especially multiple layers of subcontractors -- to elude oversight and accountability to taxpayers. .....(more)

The complete piece is at: http://reclaimdemocracy.org/corporate_accountability/halliburton_crime_dubai.php