Halliburton wins Iraq deal despite price gouging
Financial Times | Good ol' American Accountability
The Bush administration knew that Halliburton had overcharged the US government on an Iraq reconstruction contract before it awarded the company a separate lucrative contract last week to repair Iraqi oilfields.
Halliburton - the oil services company formerly run by vice-president Dick Cheney - informed the Pentagon inspector-general on January 15 that its Kellogg Brown & Root subsidiary overcharged the US government by $6m on a contract to supply US troops. But the following day, the Army Corps of Engineers gave the company another contract worth up to $1.2bn to rebuild southern Iraq's oil industry.