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The United States should reimburse Iraq for $US208 million in apparent overcharges paid to a Halliburton subsidiary, an UN watchdog agency has said.
The International Advisory and Monitoring Board for the Development of Iraq conducted a special audit on Halliburton's Kellogg, Brown and Root (KBR) unit for the procurement and distribution of fuel products and the restoration of Iraq's oil infrastructure.
The monitoring board cited charges of $US208 million, costs that earlier had been questioned by US military auditors.
In a statement made public on its website on Saturday, the board said it "recommends that amounts disbursed to contractors that cannot be supported as fair be reimbursed expeditiously".
Halliburton spokeswoman Cathy Mann said the US auditors questioned the quality of the supporting documents for the costs, not the costs themselves.
"Therefore, it would be completely wrong to say or imply that any of these costs that were incurred at the client's direction for its benefit are 'overcharges'," Ms Mann said.
The monitoring board can make recommendations but not decisions on whether reimbursements are made.
Iraq's oil account, called the Development Fund for Iraq, was set up by the UN Security Council, along with the monitoring board, to watch over the stewardship of Iraq's natural resources during the US administration of Iraq.