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| Company | Halliburton [Company Info] |
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| Date | Issue | Title |
| 17th Mar 2004 | Other Issue | US to withhold Halliburton bills |
| Report |
| The Pentagon is to withhold 15% of the payments it owes controversial firm Halliburton for the company's supply of meals to US troops in Iraq. A Pentagon spokeswoman said the 15% - some $300m (£165m) - will not be paid until auditors have established the actual final cost of the food. It comes as US criminal investigations continue into whether Halliburton has overcharged the Pentagon for the meals. US Vice President Dick Cheney was the previous boss of Halliburton. The Pentagon and Texas-based Halliburton - the largest private contractor for US forces in Iraq - have been in dispute over the meals for some time. The US military has long claimed that Halliburton has been overcharging, and at the start of February the firm agreed to pay back $27.4m to the Pentagon, but insisting at the same time that the decision involved no admission of wrongdoing on its part. "This shows that the system is working," said the Pentagon's Dov Zakheim. The meals dispute, which involves Halliburton subsidiary Kellogg Brown and Root (KBR), is said to be over the company issuing bills based on estimates and the Pentagon wishing to be charged for exactly how many meals are actually eaten. "This is a complicated issue which we are currently working through with our customer," said KBR in a statement. The controversy is another embarrassment for President George W Bush's government and particularly Dick Cheney. It follows after Halliburton was awarded an array of lucrative contracts in Iraq, without them being put out to competitive tender, amid accusations of favouritism. Illegal payments The company is said to have Iraqi deals worth up to a potential $18bn, including the restoration of Iraq's oil industry. Halliburton also sacked two employees in Iraq at the start of the year for taking bribes worth up to $6m from a Kuwaiti firm involved in the supply of fuel to US forces. As the Pentagon revealed it was holding back 15% of Halliburton's meal payments, Mr Cheney was due to give a high profile pre-election speech in California. |
| Other Reports on Halliburton | |||
| Date | Issue | Company | Report |
| 12th Jul 2006 | Other Issue | Halliburton | US Army to end Halliburton deal |
| 24th Mar 2006 | Fraud Investigation | Halliburton | Ex-Halliburton staff in Saudi kickback |
| 23rd Aug 2005 | Other Issue | Halliburton | Halliburton worker admits bribes |
| 15th Mar 2005 | Other Issue | Halliburton | Halliburton in $108m Iraq probe |
| 4th Dec 2004 | Other Issue | Halliburton | Halliburton asbestos deal 'final' |
| 25th Nov 2004 | Other Issue | Halliburton | Halliburton faces 'payment cut' |
| 29th Oct 2004 | Fraud Investigation | Halliburton | FBI 'studying Halliburton deals' |
| 15th Oct 2004 | Questionable Practice | Halliburton | US agrees to Halliburton inquiry |
| 21st Sep 2004 | Questionable Practice | Halliburton | Halliburton hit with Nigeria ban |
| 17th Aug 2004 | Other Issue | Halliburton | US Army suspends Halliburton decision |
| 3rd Aug 2004 | Fraud Investigation | Halliburton | Halliburton settles accounts case |
| 20th Jul 2004 | Questionable Practice | Halliburton | Halliburton Iran deals under fire |
| 19th Jun 2004 | Other Issue | Halliburton | Halliburton cuts off KBR ex-boss |
| 19th May 2004 | Questionable Practice | Halliburton | Pentagon suspends Halliburton payments |
| 10th May 2004 | Questionable Practice | Halliburton | Halliburton seeks to settle Asbestos Liability |
| 17th Dec 2003 | Questionable Practice | Halliburton | Halliburton bankrupts own units |
| 12th Dec 2003 | Questionable Practice | Halliburton | Halliburton Questioned regarding Iran |
| 22nd Nov 2003 | Fraud Investigation | Halliburton | Halliburton in Iraq fuel costs row |
| 15th Jun 2003 | Fraud Investigation | Halliburton | Nigeria Fraud Investigation |
| 13th Jun 2003 | Questionable Practice | Halliburton | Halliburton awarded US military contact |
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