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Friday, December 10, 2004

War profiteers

Halliburton, the Texas company once run by Vice President Dick Cheney, has been given more than $10 billion worth of business in Iraq so far despite critical audits and investigations into its work.

However,

At the same time that the value of Halliburton's contracts is increasing, auditors are finding extensive problems with Halliburton's billings, and criminal investigations of Halliburton and its employees continue.

Auditors from the Defense Contract Audit Agency (DCAA), the Government Accountability Office (GAO), and the Coalition Provisional Authority Inspector General (CPA IG) have repeatedly and consistently criticized multiple aspects of Halliburton's activities in Iraq. In nine different reports, these government auditors have found widespread, systemic problems with almost every aspect of Halliburton's work in Iraq, from cost estimation and billing systems to cost control and subcontract management.

posted by chris at 4:54 PM

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