Panel to Hear of Halliburton Waste (washingtonpost.com): "[Halliburton procurement officer] Mancini said in a recent interview, he watched as colleagues at Halliburton subsidiary KBR paid inflated fees for cell phone services, bought hundred of rolls of duct tape for $60 each and obscured the waste by failing to file paperwork properly. In one case, he said, a fellow procurement employee recorded a multimillion-dollar purchase as a $200 order, then dismissed it as a mistake.
After he and others raised questions, Mancini said, the company sent in a team to prepare for government audits. 'The waste was unbelievable,' said Mancini, who left KBR after three months. 'This was pure negligence.'
Stories like Mancini's will be the focus of a hearing today by the House Committee on Government Reform, as it examines allegations of waste, abuse and profiteering related to the Army's contracts in Iraq with Halliburton, the oil services company that Dick Cheney ran from 1995 to 2000. "
All this is coming at a time when the troops are running out of ammunition, and the army and air force are running out of funds to fight the war in Iraq. Why? Because of the cost of the contracts with Halliburton in large part.
So what is the war about? Enrichment for Halliburton shareholders?
- posted by geoff @ #