Wednesday, April 13, 2005

DOD Audits: Halliburton Overcharges Top $212 Million

Last month, Rep. Waxman disclosed that Defense Department auditors found $108 million in fuel-related overcharges by Halliburton for work in Iraq under Task Order 5, one of several Halliburton task orders for the importation of fuel into Iraq (LINK). Rep. Waxman also revealed that although Halliburton was paid in significant part from Iraqi oil proceeds in the Development Fund for Iraq (DFI), the Administration — acting at Halliburton’s request — concealed these overcharges from the international auditors charged by the United Nations with monitoring the expenditures from the DFI (LINK).

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