by Writer Team | April 11, 2005 4:35 pm
Nice Money if you can get it!
Parts of an audit done by Pentagon’s Defense Contract Audit Agency (DCAA) and released by Democratic California Rep. Henry Waxman, yesterday revealed that Halliburton Co., Vice Presidents Dick Cheney former company may have overcharged by as much $212 million to get fuel to Iraqi civilians under a contract that had “no-bid” deal with the U.S. military.
The audit identifies fuel delivered in Iraq by Halliburton unit Kellogg Brown & Root(KBR) in 2003 and 2004 may have been overcharged by as much as 47% in some cases.
KBR is the U.S. military’s biggest contractor in Iraq and is being investigated by some U.S. government departments over whether it overcharged for services.Last month, an ex-employee of KBR was indicted for defrauding the U.S. government of more than $3.5 million by inflating the cost of fuel tankers for military operations in Kuwait.Another KBR contractor was found to be charging for 42,042 meals a day when only 14,053 meals a day were served.
Despite this , only last week the Penatgon agreed to reimburse Halliburton $145 million out of the $200 million in disputed costs.
So far as much as $1.7 Billion dollars has beed paid to Halliburton and its subsiduaries
The DCAA is still investigating possible overcharges from a separate contract for transporting cooking and heating fuel into Iraq.It was alleged that Halliburton had charged the Pentagon $27.5 million to ship in $82,100 worth of fuel.
Source URL: https://www.newsinsider.org/70/halliburtons-no-bid-bonanza/
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