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Old 10-29-2003, 09:49 AM   #1
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Halliburton

According to Tagesschau Halliburton made tons of money in Iraq:

900.000.000 EUR business volume and 34.000.000 EUR Profit from business in Iraq.
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Old 10-29-2003, 10:49 AM   #2
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This is certainly not just a US issue. Most of the other countries that promised financial aid only want to give that aid when the money is being spent on companies from their own countries.

I think the best way to rebuild Iraq is to let Iraqi companies do it, however, I heard the US still controls what happens with most of the aid. If this is true, then I'm not surprised countries like France built in this clause because the US would have spent it on US companies anyway.

As for Halliburton; the fact that a substantial amount of the assignments is going to the vice-president's old company deserves a looking into.
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Old 10-29-2003, 10:54 AM   #3
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Originally posted by DrTeeth


As for Halliburton; the fact that a substantial amount of the assignments is going to the vice-president's old company deserves a looking into.
It deserves more than a looking into! No one was even allowed to bid on these projects.
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Old 10-29-2003, 11:19 AM   #4
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This is *not* cool.
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Old 10-29-2003, 06:04 PM   #5
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Haliburton highwaymen

During a heated exchange in Congress on Wednesday, two Democratic legislators charged that Halliburton, a leading US oil and gas service company with close links to Vice President Richard Cheney, is probably overcharging for petrol it is importing into Iraq.

Americans were told by Congressmen Henry Waxman and John Dingell that when an Iraqi fills up his gasoline tanks, US taxpayers subsidise 90% of the purchase.

Following the war, Halliburton was awarded a multi-billion-dollar exclusive contract to help rebuild the country's dilapidated oil industry and to keep Iraq supplied with fuel.

Under this deal the US government pays Halliburton between $1.62 and $1.70 dollars for each gallon of gasoline it imports into Iraq from Kuwait, according to Waxman and Dingell.

The payments cover the 71-cent-a-gallon wholesale cost of the fuel and a 91-to-99-cent transportation fee charged by the company, which the lawmakers have said is exorbitant and have likened to "highway robbery".
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Old 10-30-2003, 04:00 PM   #6
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Today they mentioned in Tagesschau that the Iraqi Oilcompany SOMO only has to pay 97 Cent per gallon fuel, which they also import from Kuwait into Iraq
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Old 10-30-2003, 09:06 PM   #7
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They extended Halliburton's contract til spring and these other guys also received non-bid contracts.

Report Links Iraq Deals to Bush Donations

By LARRY MARGASAK, Associated Press Writer

10/30/03: WASHINGTON - Companies awarded $8 billion in contracts to rebuild Iraq and Afghanistan have been major campaign donors to President Bush, and their executives have had important political and military connections, according to a study released Thursday.

The study of more than 70 U.S. companies and individual contractors turned up more than $500,000 in donations to the president's 2000 campaign, more than they gave collectively to any other politician over the past dozen years.

The report was released by the Center for Public Integrity, a Washington-based research organization that produces investigative articles on special interests and ethics in government. Its staff includes journalists and researchers.

The Center concluded that most of the 10 largest contracts went to companies that employed former high-ranking government officials, or executives with close ties to members of Congress and even the agencies awarding their contracts.

Major contracts for Iraq and Afghanistan were awarded by the Bush administration without competitive bids, because agencies said competition would have taken too much time to meet urgent needs in both countries.


"No single agency supervised the contracting process for the government," Center executive director Charles Lewis said. "This situation alone shows how susceptible the contracting system is to waste, fraud and cronyism."

J. Edward Fox, an assistant administrator at the U.S. Agency for International Development, took issue with Lewis' statement and aspects of the report.

"It would ... be incorrect to suggest that there is no overall oversight of this process," he wrote the Center. "The USAID inspector general's review of all Iraq contracts which was requested by USAID Administrator Andrew S. Natsios on April 14th has shown that all Iraq contracts to date have been done in compliance" with federal regulations.

State Department spokesman Richard Boucher, defending the way contracts are awarded, said: "The reason that these companies get the contracts has nothing to do with who may have worked there before. Those people in senior positions have no influence over the decision."

He added, "Competitive procedure is very, very important to us, and we have done that in Iraq."

The top contract recipient was the Halliburton subsidiary KBR, with more than $2.3 billion awarded to support the U.S. military and restore Iraq's oil industry.

Halliburton was headed by Vice President Dick Cheney before he resigned to run with Bush in 2000.

Halliburton's top executive, Dave Lesar, said Wednesday he was offended by criticism of the company's Iraq work but believed it was "less about Halliburton and more about external political issues."

"As a company uniquely qualified to take on this difficult assignment, we will continue to bring all of our global resources to bear at this critical time in the Middle East. We have served the military for over 50 years and have no intention of backing down at this point," he said.

Bechtel was second with a $1 billion capital construction contract involving Iraq's utilities, telecommunications, railroads, ports, schools, health care facilities, bridges, roads and airports.

The company's Internet site says, "We do engage in the political process, as do most companies in the United States. We have legitimate policy interests and positions on matters before Congress, and we express them in many ways, including support for elected officials who support those positions.

"We do not expect or receive political favors or government contracts as a result of those contributions."

The Center's analysis of contractor political donations showed:

_The top 10 contractors contributed $11 million to national political parties, candidates and political action committees since 1990.

_Fourteen of the companies won contracts in both Iraq and Afghanistan. Those companies, combined, have given more than $23 million in political contributions since 1990.

_Most contractors, their political action committees and their employees have contributed just under $49 million to national political campaigns and parties since that year.

_In the same time period, contractor donations to Republican Party committees outpaced contributions to the Democrats, $12.7 million to $7.1 million.

Many of the companies with large contracts have important political connections.

Former Secretary of State George Shultz is a member of Bechtel's board of directors, although he has no management role, according to the company's Web site.

Riley Bechtel, the chairman and chief executive officer, was named early this year to the President's Export Council, which advises the president on programs to improve U.S. trade.

Jack Sheehan, senior vice president in Bechtel's petroleum and chemicals business, served on the Defense Policy Board, which advises the defense secretary on a variety of issues.

Other contractors also had connections. Among those cited by the Center:

David Kay, head of the Bush administration's search for weapons of mass destruction in Iraq, is a former vice president of Science Applications International Corp. He left the company in October 2002.

Christopher "Ryan" Henry left the same company as a vice president in February 2003 to become principal deputy undersecretary of defense for policy.

Scott Spangler, principal owner of Chemonics International, was a senior U.S. Agency for International Development official during the first Bush administration. The company receives 90 percent of its business from USAID.

Sullivan Haave Associates Inc. was founded by Carol Haave, currently the deputy assistant secretary of defense for security and information operations.

The Center's findings are based, in part, on 73 Freedom of Information Act requests and an analysis of a federal contractor database.

On the Net:

Center for Public Integrity: http://www.publicintegrity.org

Bechtel: http://www.bechtel.com

Halliburton: http://www.halliburton.com/
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Old 10-31-2003, 02:05 PM   #8
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"And so we're told this is the golden age - and gold is the reason for the wars we wage."

Thanks Scarletwine!
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Old 10-31-2003, 02:16 PM   #9
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Why is it this doesn't piss off any conservatives. Is it because they see it as "business as usual"? Just a side effect of war? Or they just don't want to criticize their beloved administration? Regardless of who it was, what side, whatever this would piss me off to no end.
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Old 11-07-2003, 06:43 AM   #10
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Halliburton Contract Extension Cancelled Amid Allegations of Overcharging Taxpayers

The Army Corps of Engineers is "likely" to cancel the no-bid contract extension granted a week ago to Halliburton for delivery of oil-related services amid allegations that Halliburton is overcharging the federal government to import oil into Iraq. The decision to revisit the contract extension comes in part due to the assertions from inside the Pentagon that Halliburton's price for imported gasoline was "at least double what it should be."1

Jeffrey Jones, the Director of the Defense Energy Support Center (DESC), told minority staff of the House Government Reform Committee that it costs the DESC $1.08 to $1.19 to buy and import fuel via truck into Iraq - a price that's less than half the $2.65 Halliburton is charging the US government.2

Congress has been critical of the no-bid contract - valued at up to $7 billion, since it was awarded to VP Cheney's former employer, Halliburton. Questioned about the secretive no-bid process in April, then-White House spokesman Ari Fleischer said, "the criteria should be followed by the contracting agencies. The White House does not get involved or dictate to agencies on how to award contracts."3 But President Bush signed an executive order within a month of taking office setting terms for executive agency contracting processes, a process the White House said should strive for "the highest quality at the best price to ensure that government is a responsible steward of the American people's hard-earned tax dollars."4

Scrutiny of the Halliburton contract has become more intense since Congress passed the President's emergency request for $87 billion. Stripped from the final bill, at White House insistence, say Senate Democrats, was a provision to subject those who deliberately defrauded the United States or Iraq to jail terms of up to 20 years and costly fines.5

Sources:
Letter from Rep. Henry Waxman and Rep. John Dingell to Lt. Gen. Robert B. Flowers, U.S. Army Corps of Engineers, 11/5/03.
ibid.
White House Press Briefing, 4/11/03.
"The President's Small Business Agenda," Whitehouse.gov; http://www.whitehouse.gov/infocus/sm...taxpayer.html."Rage erupts over profiteering clause," The Hill, 11/5/03.
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Old 08-11-2004, 06:57 AM   #11
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This morning Halliburton is being investigated for its inaability to account for 2 freakin BILLION! WTF! Why is this not a bigger story?
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Old 08-11-2004, 08:19 AM   #12
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Originally posted by Scarletwine
Why is this not a bigger story?
that this is not a bigger story speaks straight to the myth of a liberal media. all logic suggests that this is scandalous. but any reporting i've seen follows up the 'halliburton investigated' with a 'cheney cleared' and little or no further investigation done. like a lot of other things at this time, journalism amounts to little more than reading the press release and smiling before cutting to the segment fun things for parents and kids to do before school starts.
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Old 08-20-2004, 07:44 PM   #13
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http://msnbc.msn.com/id/5763483/

Quote:
Audit shows $8.8 billion in Iraq funds missing

Coalition official cites body for lax ‘stewardship’
Updated: 6:06 p.m. ET Aug. 19, 2004

WASHINGTON - At least $8.8 billion in Iraqi funds that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, according to a draft U.S. audit set for release soon.

The audit by the Coalition Provisional Authority’s own inspector general blasts the CPA for “not providing adequate stewardship” of at least $8.8 billion from the Development Fund for Iraq that was given to Iraqi ministries.

<snip>

While the International Advisory and Monitoring Board said the audit found no evidence of fraud in spending by the CPA after the U.S. invasion in March 2003, it said oversight was insufficient to ensure money was used for its intended purposes.

One of the main benefactors of the Iraq funds was the Texas-based firm Halliburton, which was paid more than $1 billion out of those funds to bring in fuel for Iraqi civilians.

The monitoring board said despite repeated requests it had not been given access to U.S. audits of contracts held by Halliburton, which was once run by Vice President Dick Cheney, and other firms that used the development funds.
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Old 08-21-2004, 07:29 PM   #14
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Nice.
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Old 08-21-2004, 08:06 PM   #15
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Yeah, and as far as I can tell the story was swept right back under the rug. Liberal press my ass.
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