Audit: Halliburton Lost Track of Property

[Bossy Monkey]

Nov 26, 2:41 PM EST

Audit: Halliburton Lost Track of Property

By JOHN SOLOMON
Associated Press Writer

WASHINGTON (AP) -- 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 an Army contracting officer who last month went public with allegations that the Bush administration was improperly awarding contracts to Halliburton without competitive bidding.

(more)
http://hosted.ap.org/dynamic/stories/H/HALLIBURTON_IRAQ?SITE=SCCOL&SECTION=HOME&TEMPLATE=DEFAULT

[The Backlash Cometh]

1. I wonder what country those supplies are going to turn up?

[Name removed]

2. Deleted message

Message removed by moderator. Click here to review the message board rules.

[The Backlash Cometh]

3. ???

[Name removed]

4. Deleted message

Message removed by moderator. Click here to review the message board rules.

[UpInArms]

5. thanks Mods!

:hi:

You guys are terrific!

(edited 'cause you got to it before I could hit alert)

[Hello_Kitty]

7. Recap of what he said?

I hate when I miss good trolling.

[The Backlash Cometh]

11. It was nonsense.

schizophrenic, almost.

[MSgt213]

6. The kins of losing property is the fucking U.S. Goverment. Defense Dept

is very high on the list if not the tops.

[Ima]

8. This is an outrage.

Will they get away with this?

[Just Me]

9. "Free market" war-profiteering,...

,...get a freakin' clue,...please,...ALL people!!!

If you believe yourselves akin to the predator in a jungle rather than capable of advancing life,...something gifted by God,...proceed to destroy one another.

[rawstory]

10. kick

Can you imagine if a business just lost 30 percent of something they were supposed to watch for you? That's ridiculous. Completely unacceptable. I would never contract to anyone who lost a third of what we were paying them to supervise.

[Yo_Mama_Been_Loggin]

12. Check Dick Cheney's basement