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View Full Version : Halliburton Rips Taxpayers off says GAO


Secretariat
07-24-2004, 01:06 PM
Heres' the link followed by a couple of highlights:

http://news.yahoo.com/news?tmpl=story&u=/ap/20040722/ap_on_go_ca_st_pe/iraq_contracts_2

I thought according to Repubs that the private sector was always so much more efficient that government. Another myth. In this case, maybe at looting.

"Investigators from the Government Accountability Office found a "pattern of contractor management problems" which led to cost disputes between the Pentagon (news - web sites) and the contractor, Houston-based Halliburton. The GAO investigators also criticized Halliburton's staffing and accounting
Separate federal investigations are looking into whether Halliburton overcharged the Army for fuel and meals and allegations that former Halliburton workers may have taken bribes from a Kuwaiti subcontractor.

Separately, a report from congressional Democrats said Halliburton charged the government $2.68 per gallon to import gasoline to Iraq from Kuwait, while a government agency did the same work for $1.57 a gallon. That cost the government an extra $166.5 million, the Democrats' report said.

One illustration of such problems is the disagreement over charges for serving meals to troops. The Army did not make it clear to Halliburton whether it should charge for the actual numbers of meals served or for providing enough food for four meals a day for the estimated populations of each base camp.
Pentagon auditors say Halliburton should charge only for meals served, while Halliburton argues it should be paid according to the estimated number of troops. That's a discrepancy of about $88 million, the report said.

The GAO report had harsh words for Halliburton:

_ The process for finalizing costs for portions of the contract has been hampered by Halliburton's staffing problems and "antiquated accounting system," the report said.

_ Halliburton's cost estimates are frequently inaccurate or lack the proper documentation, the report said. After Halliburton pledged to improve its contract management the situation improved at some sites but not others, the report said.

_ The company is often behind schedule on its work. "



"Antiquated accounting" (fits in with Cheney), "inaccurate cost estimates" (sounds like our new federal Halliburton created deficit). "Behind schedule" (seems exactly what happened with those pre-war predictions).

JustRalph
07-24-2004, 01:09 PM
He's Baaaaaaaaaaaaaaaaaaccccccccccccckkkkkkkkkkkkkkkk!

Secretariat
07-24-2004, 01:15 PM
lol..just today Ralph...heading out onto a brief vacation tomorrow...and then want to focus on Saratoga...

Steve 'StatMan'
07-24-2004, 01:28 PM
Our government has got to watch everyone with the money, outside firms as well as each other! No doubt there.