Report: Halliburton Lost Track Of Much U.S. Property In Iraq

[Robbien]

By JOHN SOLOMON
Published on 11/27/2004

Washington — A third or more of the government property Halliburton Co. was paid to manage for the U.S.-led Coalition Provisional Authority in Iraq could not be located by auditors, investigative reports to Congress show.

Halliburton's KBR subsidiary “did not effectively manage government property” and auditors could not locate hundreds of CPA items worth millions of dollars in Iraq and Kuwait this summer and fall, Inspector General Stuart W. Bowen reported to Congress in two reports.

Bowen's findings mark the latest bad news for Vice President Dick Cheney's former company, which is the focus of both a criminal investigation into alleged fuel price gouging and an FBI inquiry into possible favoritism from the Bush administration.

The Associated Press reported Wednesday that FBI agents have extensively interviewed Bunnatine Greenhouse, an Army contracting officer who last month went public with allegations that the Bush administration was improperly awarding contracts to Halliburton without competitive bidding.

http://www.theday.com/eng/web/news/re.aspx?re=569CC4CD-171C-4350-B16C-1D46A777C23C

It wouldn't be a holiday without Halliburton bad news being released.

[davhill]

1. "Lost Track of" is a euphimism

for stole.

[pnutchuck]

2. How can these corrupt people remain in govt?

Do the repubs read the same news as us? They can't possibly think that all of this news of corruption is fabricated by democrat, conspiracy theorists. I have a couple of friends who are in my email groups and occassionally receive news like this from me. They reply back to stop sending them anti-Bush material. I now have to separate my Dem friends from Repub friends because the pukes are angry with me for my "liberal" emails. Can they really live in a fantasy world, some alternate dimension that truly believes Bush is intent only for the protection of Americans? I'm just so disheartened by my fellow Americans....

[Scrooge]

3. Thats small potatoes

That is small corruption compared to the rest of the shit this administration has gotten away with. I just dont understand why it isnt plastered on the headlines 24/7. Oh, wait.. I do understand. pnutchuck, Im in the same boat as you. so disheartened.

[pnutchuck]

4. From Haliburton, to Enron, to 9/11, and the list goes on

but if evidence exists of corruption, shouldn't everyone be outraged? Can the repukes really deny everything, and their constituents just say, 'oh, well at least we're safe from terrorists"?
They remind me of Eddie Murphy's "Raw" skit, where the guy gets caught with another girl in their own bed and the guy just keeps saying "Wasn't me" and she eventually just sobs and says "ok"

[illflem]

5. Last I heard

they couldn't even figure out the value of what was missing, so they just "rounded" it off to somewhere between 8 and 22 billion dollars.