Army says it will withhold 19.6 million from Halliburton citing potential contract breach [View All]

[The Count]

The Army announced during a House oversight committee hearing on Wednesday that it would withhold $19.6 million from the Halliburton Company after recently discovering that the contractor had hired the company Blackwater USA to provide armed security guards in Iraq, a potential breach of its government contract.
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The announcement came during a hearing of the House Government Oversight Committee that included emotional testimony about the killing of four Blackwater employees in Falluja, Iraq, in 2004.
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They said more than $500,000 was smuggled into the United States. “They stole the money in Iraq and then smuggled vast sums into the United States to support lavish lifestyles,” said Mark W. Everson, the Internal Revenue Service commissioner.

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http://www.nytimes.com/2007/02/08/washington/08waxman.html