Sunday, May 11, 2008

Massive Halliburton Fraud in Iraq

It's hard to belive the level and scope of fraud and corruption being perpetrated on the American taxpayer by Halliburton in Iraq where a single employee can bilk the U.S. government out of $3 million. It is reprehensible, outright, calculated deception on a massive scale. For example, Halliburton employees have paid $250,000 for a three-year lease of a $50,000 automobile, gotten 15 pounds of laundry done for $100 and have purchased brand new trucks when engines only need repairs. This is because Halliburton is given "cost-plus" contracts which encourage spending, spending, spending to the max. The more money spent, the greater the profits. But what is worse, even when the U.S. Congress is provided with evidence of dishonesty, it appears that there is no penalty. To the contrary, Halliburton receives new contracts instead. And why has the Senate rejected legislation to investigate Halliburton? Is this because Halliburton provides millions in campaign contributions and has friends in high places? A dozen or so whistleblowers have gone on record in the video below to describe the enormity and depravity of the dispicable graft that is being committed. You might be astounded by watching the short video below.
Fore more see: BBC and NYTimes



Video Length 10 min 44 sec

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