Tuesday, December 16, 2003
::: Halliburton Gets Another Fat contract :::
Stranger than fiction ...
Pentagon says KBR overcharged $61m
Halliburton awarded $222m contract.
US Vice-President Dick Cheney's former company, Halliburton, facing demands to pay back the money it has overcharged the American government for petrol in Iraq, has won a $222m (£127m) contract for work without competitive tender.
The contract was awarded to Halliburton subsidiary Kellogg Brown and Root last week at the same time as a Pentagon audit showed it had charged $61m more than the market rate for fuel in Iraq.
To avoid having to put the work out to tender, the contract is being funded from the Development Fund for Iraq.