Current Events — HabitableZone

Current Events

Halliburton Cited For Iraq Overhead

Halliburton is still raping helping America in a time of war. A true patriot parasite of humanity.

Halliburton Cited For Iraq Overhead - Costs in Oil Contract Called Extreme

Administrative overhead accounted for more than half the costs that a Halliburton Co. subsidiary passed on to the government under a key contract to restore Iraq's oil industry, a figure that critics said was unusually high.

A report released yesterday by the inspector general's office overseeing Iraq spending found that at least 55 percent, or $163 million, of $296 million in total costs rung up by Halliburton unit KBR went to expenses such as back-office support, transportation and security. That percentage was significantly higher than it was on work by other firms in Iraq, and experts said it is far above what is typically found on a government contract.

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