It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
from the Washington Post
Halliburton remains central to many accusations not only from opponents of the Whitehouse but from government and U.S. Army auditors. While a 15% “holdback” is part of many U.S. government contracts this set of clauses also are not routinely enforced. The rationale behind the holdback is to protect the government against loss. As Halliburton and its subsidiaries have many contracts and have done business with the U.S. government for many, many years.
Mother Jones(MotherJones.com)Presents a view of the breadth and scope of Halliburton and its operations. Sources: Countries with Halliburton offices based on company reports. Defense-related contracts include federal task orders or contracts awarded or budgeted since September 11, 2001 by the Defense, Energy, and State Departments and the National Institutes of Health. In some cases, costs are represented at the location of the approving agency. Unassigned Iraqi Freedom costs are represented in Iraq. Federal subsidies for energy projects include loan guarantees and grants shared by Halliburton since 1995 from the Export-Import Bank and the Overseas Private Investment Corporation. Tax havens include subsidiaries in 2002 located in countries identified as offshore shelters by the Organization for Economic Cooperation and Development, based on company reports.
the U.S. Army Corp of Engineers awarded a no-bid contract to extinguish oil well fires in Iraq to Kellogg Brown and Root (KBR), a subsidiary of Halliburton. The contract was granted under a January Bush administration waiver that, according to the Washington Post, allowed "government agencies to handpick companies for Iraqi reconstruction projects."