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It was Cheney who directed Halliburton toward aggressive business dealings with Iran—in violation of U.S. law—in the mid-1990s, which continued through 2005 and is the reason Iran has the capability to enrich weapons-grade uranium. It was Halliburton’s secret sale of centrifuges to Iran that helped get the uranium enrichment program off the ground, according to a three-year investigation that includes interviews conducted with more than a dozen current and former Halliburton employees.
WASHINGTON, April 30 — A Halliburton executive, facing withering criticism from Democratic lawmakers during a Senate hearing on Monday about the company’s business dealings in Iran, insisted that the firm had not broken any laws.
The official, Sherry Williams, a Halliburton vice president and corporate secretary, said the company had consulted several law firms in 1995 after sanctions were imposed on Iran. Officials of the company, which recently announced it was moving its chief executive from Houston to Dubai and establishing a corporate headquarters there, determined that it was legal for independent foreign subsidiaries of United States companies to do business there, she said.
“We have followed U.S. law,” she said. “We will continue to follow U.S. law.”
Although the three Democratic senators on hand repeatedly suggested broader concerns than strict legality should have prompted the company to halt its business in Iran, Ms. Williams expressed no regret for the firm’s work there.
From 1995 to 2000, Vice President Dick Cheney was Halliburton’s chairman; at the time he spoke out against sanctions on Iran.
"These three companies, as far as we were concerned, appear to have violated the spirit of the law," says Thompson. "In the case of Halliburton, as an example, they have an offshore subsidiary in the Cayman Islands. That subsidiary is doing business with Iran."
Source: Global Research.ca, August 5, 2005, Title: “Halliburton Secretly Doing Business With Key Member of Iran’s Nuclear Team,” Author: Jason Leopold
Scandal-plagued Halliburton, the oil services company once headed by Vice President Dick was secretly working with one of Iran’s top nuclear scientists on natural gas related projects and, allegedly, selling the scientists’ oil company key components for a nuclear reactor, according to Halliburton sources with intimate knowledge of both companies’ business dealings. Just last week a National Security Council report said Iran was a decade away from acquiring a nuclear bomb. That time frame could arguably have been significantly longer if Halliburton, which just reported a 284 percent increase in its fourth quarter profits due to its Iraq reconstruction contracts, was not actively providing the Iranian government with the financial means to build a nuclear weapon. Now comes word that Halliburton, which has a long history of flouting U.S. law by conducting business with countries the Bush administration said has ties to terrorism, was working with Cyrus Nasseri, the vice chairman of Oriental Oil Kish, one of Iran’s largest private oil companies, on oil development projects in Tehran. Nasseri is also a key member of Iran’s nuclear development team. “Nasseri, a senior Iranian diplomat negotiating with Europe over Iran's controversial nuclear program is at the heart of deals with US energy companies to develop the country's oil industry”, the Financial Times reported. Nasseri was interrogated by Iranian authorities in late July for allegedly providing Halliburton with Iran’s nuclear secrets and accepting as much as $1 million in bribes from Halliburton, according to Iranian government officials. It’s unclear whether Halliburton was privy to Iran’s nuclear activities. A company spokesperson did not return numerous calls for comment. A White House also did not return calls for comment.