Conspiracy Planet




There's No "Theory" in Criminal Conspiracy

Thursday, June 21, 2018

Home | Cheney/Halliburton Fraud Channel
#1 Public Enemy
9-11: Conspiracy
9-11: Coverup
9-11: Crime
9-11: Enemy Within
9-11: Unanswered Questions
9-11: Who Benefits?
Abortion Industry/ Human Organ Trade
Al Martin
Alan Cantwell
Avian Flu/ Anthrax Scam
Bad Law, Bad Judges
Beyond the Beyond
Bush-Clinton Crime Family
Celebrity Conspiracy
Chemtrails/ Geo-Engineering
Cheney/Halliburton Fraud
CIA (Criminals In Action)
CIA Drug Trafficking
Cops Gone Wild
Corporate-Govt Fraud
Criminal Government
Crop Circle Mystery
Culture (sic)
Cyber Warfare
DoJ (sic)
Drone Wars
Dyncorp Crimes
Enron Money Laundry
FDA-Big Pharma Fraud-Conspiracy
Federal Reserve Scam
Fraud (Financial)
Fraud (Military)
GMO-Genetic Engineering/ Genetically Modified Food
Google Frauds, Scams & Conspiracy
Google Lawsuit Archives
Gulf Oil Disaster
Happy News
History Recovered
Income Tax Slavery
Iraq (Nam)
Israel/ Zionism
Japan Nuclear Disaster
Jewish Heroes
Julian Robertson Lawsuit Archives
Killer Spooks
Media Liars
Media Whores
Michael Riconosciuto
Military Guinea Pigs
Military Tech
Mind Control
Moon Landing Scam
National ID Cards/ Microchips/ RFID
Native American
New World Order
Osama bin Scapegoat
Pentagon Fraud
Phony "Conservatives"
Phony "Progressives"
Phony Global War on Terror (GWOT)
Phony Religion
Phony War on Drugs
Phony War on 'Terrorism'
Princess Diana: Murder-Coverup
Prison/ Slave Labor Industry
Resist War
Ron Paul
Suppressed Science
TSA: Govt Sex Offenders
UFO Disclosure
US Police State
USA PATRIOT Act (Treason)
Vaccination Scam
Voodoo Science
Vote Fraud
War on Gold
Weather Warfare
Whistleblower: James Casbolt
Whistleblower: Oswald LeWinter
Whistleblower: Rodney Stich
Whistleblower: Sue Arrigo, M.D.
News   Links   Forum  

Making a Killing: Halliburton / Bechtel War Scams  (continued)

Making a Killing: Halliburton /  Bechtel War Scams

Nearly a third of Halliburton's revenue - about $1.5 billion - now comes from Iraq-related work, principally through its Kellog, Brown and Root (KBR) engineering and construction unit.

KBR personnel were in Iraq within 72 hours of the US-led invasion on March 20, 2003, and KBR is the biggest contractor to the US military in Iraq, handling most support services from mail delivery to providing food for troops.

KBR was paid more than $3.6 billion by the US government for Iraq-related work in 2003 and $5.4 billion for such work in 2004. However, the company is being probed by several US government departments over whether it overcharged for services.

The April 12 Washington Post reported that "Pentagon auditors have questioned $212.3 million - about 13 percent - of $1.69 billion that a Halliburton Co. subsidiary charged the government over the past few years, mostly for importing fuel to Iraq under a no-bid contract ...

"There also have been questions about KBR's performance under a separate giant logistics contract to provide troops in the Middle East with food, shelter and other supplies. Auditors found $1.8 billion in 'unsupported costs' in $10.5 billion in billings from that contract, which KBR won by competitive bid."

The April 12 New York Times revealed that a new report from the US State Department accused KBR of serious cost overruns and "poor performance" in its $1.2 billion contract to repair Iraq's southern oilfields.

Even more damaging to the company's credibility, on April 22 Inter Press Service reported that Henry Waxman, the top Democrat on the US House of Representatives subcommittee on government reform, said that Pentagon audits showing additional overcharges totalling $212 million had been concealed by US officials from the UN's International Advisory and Monitoring Board, set up to monitor the occupation authority's expenditure of Iraqi oil revenues.

"The evidence suggests that the US used Iraqi oil proceeds to overpay Halliburton and then sought to hide the evidence of these overcharges from the international auditors", Waxman wrote in a letter to sub-committee chairperson Christopher Shays.

Halliburton claims it has performed well under difficult circumstances in the aftermath of the invasion of Iraq and that cost disputes "are part of the normal contracting process". But former Halliburton employees have alleged intentional and systemic scamming.

One former Halliburton employee, Mike West, told NBC News last July 26 that he was paid $82,000 a year to be a fore in Iraq, but never had any workers to supervise. "They said just log 12 hours a day and walk around and look busy", he said.

Another former Halliburton employee, Marie deYoung, who audited accounts for KBR, told NBC News there was no effort to hold down costs because all costs were passed on directly to the Pentagon.

A former US Army chaplain, deYoung produced documents detailing scamming even on routine services: $50,000 a month for soft drinks, at $45 a case; $1 million a month to clean clothes - or $100 for each seven-kilogram bag of laundry. "It's just a gravy train", she said.

On March 29, the second-largest contractor in Iraq, Bechtel, reported record revenue of $17.4 billion in 2004. It was company's second year in a row of record-setting revenue, topping its 2003 take by 6.4%.

The company did not provide a profit figure. Nor did it disclose the amount of revenue brought in by its work in Iraq, where it has been awarded over $1 billion in contracts to repair water, sewage and electrical plants.

However, according to the March 29 San Francisco Chronicle, Stewart Scharf, a Standard and Poor's equity analyst who covers large construction companies, estimated that government services, including the company's work in Iraq, brought in the biggest share ó 35% ó of Bechtel's revenue.

The Chronicle added that Bechtel's "civil infrastructure work - which includes Boston's troubled Big Dig - accounted for 29% of revenue in 2004. That $14.6 billion project, which Bechtel manages with another firm, has been plagued by cost overruns and leaks discovered in the highway tunnels running beneath Boston's downtown."

Bechtel is not only being criticised for shoddy work in Boston. The April 10 Los Angeles Times reported that at least 40 water, sewage and electrical plants refurbished by Bechtel are no longer working properly. This includes all 19 of the electrical plants that have had US-financed repair work.

The LA Times reported that it had obtained an "internal memo by coalition officials" stating that throughout Iraq renovated plants "deteriorate quickly to an alarming state of disrepair and inoperability". One US official involved in reconstruction projects estimated that "hundreds of millions" had been squandered.

According to the LA Times report, "Bechtel has turned over 20 water treatment plants and 24 sewage treatment plants to the Iraqis for operation. None is running properly."

As a result, the paper added, "schoolchildren have to step over rancid brown puddles on their way to classrooms. Families swim in, fish from and get their drinking water from the polluted Tigris and Euphrates rivers, leading to high rates of child mortality and water-borne illnesses. People jury-rig pumps in their homes to increase water flow - poisoning the water further by sucking sewage through cracks in the lines."

Green Left Weekly, May 4, 2005.


Other Top Stories

Crimes of Halliburton: Fraud, Fraud & More Fraud by BOB CHAPMAN (INTERNATIONAL FORECASTER)
See Dick (Cheney, KBR-Halliburton) Loot Iraq by DAHR JAMAIL
A Gutless, Draft-Dodging Coward Named Dick Cheney by DOUG THOMPSON
Cheney's Halliburton Stock Options Rise 3,281% by CONSPIRACY PLANET
US Terrorism: Halliburton in Bed with Iran by HalliburtonWatch.Org
Making a Killing: Halliburton / Bechtel War Scams by DOUG LORIMER (GREEN LEFT WEEKLY)
Book: AIDS &The Doctors of Death by Alan Cantwell
Book: All Tomorrows Parties by William Gibson
Book: 'Bible Fraud' by Tony Bushby
Book: 'Bushwhacked' by Uri Dowbenko
Book: 'Conspirators' by Al Martin
Book: Death in the Air by Leonard Horowitz
Book: 'Future War' by John Alexander
Book: Healing Codes for the Biological Apocalypse
Book: 'Judaism's Strange Gods'
Book: 'Not In His Image' by John Lash
Book: Not in His Image/ Video: Avatar
Book: 'Paperclip Dolls' by Annie McKenna
Book: 'Rule by Secrecy' by Jim Marrs
Book: Rulers of Evil by Tupper Saussy
Book: 'Secret Weapons' by Ted Schwarz
Book: Thanks for the Memories
Book: 'The Templars and the Assassins'
Book: 'Windswept House' by Malachi Martin
Book:'Defrauding America'by Rodney Stich
Books:'The Lexus & The Olive Tree by Tom Friedman
Video: 'Arlington Road'
Video: 'Avatar'
Video: 'Collateral Damage'
Video: 'Confidence'
Video: 'Fight Club'
Video: Passion of the Christ
Video: 'The Manchurian Candidate'
Video: Traffic
Video: Transcendence
Videos: AntiTrust
Videos: 'The Patriot'
Wanted: Gen-X Spooks

Click Here!
Click Here!
Click Here!

Copyright ©2013 Conspiracy Planet; All Rights Reserved