Halliburton overcharged for Iraq oil work
Oil services company Halliburton Co. repeatedly overcharged taxpayers and provided substandard cost reports under a $1.2 billion contract to restore Iraq's southern oil fields, according to a new report by U.S. Rep. Henry Waxman.
In one case, the agency said Halliburton "tried to inflate cost estimate by $26M." In another, it said Halliburton claimed costs for laying concrete pads and footings that the Iraqi Oil Ministry had already installed.
A top U.S. Army procurement officer, Bunny Greenhouse, last year described Halliburton's deals in Iraq as "contract abuse" and said auditors had flagged more than $1 billion in potential overcharges.
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This is what you get when you vote Republican, taxpayer money going right into the pockets of the military and oil. Now I'll see if I can find what Ronnie was selling Sadam and the Ayatollah back in the day.
Oil services company Halliburton Co. repeatedly overcharged taxpayers and provided substandard cost reports under a $1.2 billion contract to restore Iraq's southern oil fields, according to a new report by U.S. Rep. Henry Waxman.
In one case, the agency said Halliburton "tried to inflate cost estimate by $26M." In another, it said Halliburton claimed costs for laying concrete pads and footings that the Iraqi Oil Ministry had already installed.
A top U.S. Army procurement officer, Bunny Greenhouse, last year described Halliburton's deals in Iraq as "contract abuse" and said auditors had flagged more than $1 billion in potential overcharges.
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This is what you get when you vote Republican, taxpayer money going right into the pockets of the military and oil. Now I'll see if I can find what Ronnie was selling Sadam and the Ayatollah back in the day.