Friday, July 16, 2004

Bush Administration Stonewalls UN Auditors

The Bush administration is withholding information from U.N.-sanctioned auditors examining more than $1 billion in contracts awarded to Halliburton and other companies in Iraq without competitive bidding, the head of an international auditing panel said Thursday.Jean-Pierre Halbwachs, the chairman of the International Advisory and Monitoring Board, said that the United States has repeatedly rebuffed his requests since March to turn over internal audits, including one that covered three contracts valued at $1.4 billion that were awarded to Halliburton, a Texas-based oil services firm. It has also failed to produce a list of other companies that have obtained contracts without having to compete.


Meanwhile, Halliburton's war profiteering pays dividends to its stockholders.