BLOOD MONEY

 

Iraq war profitable for Halliburton

Halliburton rakes in billions in Army work
Combined News Services Saturday, December 11, 2004

WASHINGTON—The largest U.S. contractor in Iraq, Halliburton Co.,
has passed the $10-billion mark in work orders from the Army for
services supporting troops and rebuilding the country's oil industry.

The Army has ordered $8.3 billion worth of work from Halliburton
under a contract to support soldiers with meals, housing, laundry
and other services. Halliburton got $2.5 billion more in work from
the Army Corps of Engineers to put out oil-well fires and shore up
Iraq's dilapidated oil infrastructure.

Allegations of financial misdeeds, including corruption and
overcharging, have led to criminal, congressional and Pentagon
investigations of Halliburton's work in Iraq.

Vice President Dick Cheney is the former CEO of Halliburton.
Since leaving the company, he has been receiving handsome
kickbacks for his services in the public sector.