Grand Jury Steps Up Inquiry Into Possible Halliburton Ties to Iran

[Peak_Oil]

Treason?

WASHINGTON — A Halliburton controversy erupted Tuesday, fueled by a grand jury investigation into whether the oil services giant violated federal sanctions by operating in Iran while Vice President Dick Cheney was running the company.

The investigation centers on Halliburton Products and Services Ltd., a subsidiary registered in the Cayman Islands and headquartered in Dubai that provided oil field services in Iran. The unit's operations in Iran included Cheney's stint as chief executive from 1995 to 2000, when he frequently urged the lifting of such sanctions.

Numerous U.S. companies operate in Iran, but under strict guidelines requiring that their subsidiaries have a foreign registry and no U.S. employees, and that they act independently of the parent company.

http://www.latimes.com/news/nationworld/nation/la-na-halliburton21jul21,1,1217981.story?coll=la-home-headlines

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[rocktivity]

1. Hmm, I wonder if this "rush to judgement" is actually an excuse

for Cheney to leave the ticket gracefully.

:headbang:
rocknation

[Stockholm]

2. This story is getting some attention in Europe.

But apparently the Halliburton daughter company was not "American" since it was a Cayman company...

[peacetalksforall]

3. Now you know why they have embargoes and

you know how they enforce them - for themselves. They don't want any U.S. or foreign competition so they create the facade of pressuring an uprising when they know there probably won't be one and then take the business for themselves. If true, that is. God forbid, that we would pronounce guilt before a trial because THEY always apply the rule of law and good old American ethics by not accusing others.