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The prospect of supplying the nation with the world's fifth-largest military budget is enough to make any European defense contractor take notice. Beijing's defense outlay has been growing by 10% to 12% a year for the past decade, to an estimated $151 billion. Read More

Franklin Willis, a former official with the Coalition Provision Authority, told the Senate Democratic Policy Commmittee that after the fall of Saddam Hussein, Iraq was "like the Wild West -- awash in $100 bills." One contractor, Custer Battles, was paid with $2 million in fresh U.S. bills, stuffed into a gunnysack, he said. Read More

A U.S. State Department official said that Washington had earmarked $35 million to recruit and train a new army in Liberia and Dyncorp was ready to start the project within the next few weeks. Read More

Rep. Waxman, D-Calif., Asks Questions about Role of Ambassador Richard Jones in Controversial Halliburton Contract Read More

The picture that emerges from multiple, overlapping inquiries into the world's management of Iraq's people and oil wealth since 1991 is appalling. It is a portrait inhabited by crooks, inept managers and ostensibly well-meaning diplomats and security experts with hidden agendas. Read More

Six congressional committees are investigating the United Nations Oil-for-Food (UN) scandal, yet not a single Republican committee chairman will call a hearing to investigate the mishandling of $9 billion dollars by the Coalition Provisional Authority. Read More

Though contractors can use lethal force, the U.S. government does not vet who is hired. The Pentagon says it does watch how companies perform and investigates any alleged misconduct. Read More

At least 10 South African companies and businessmen are being investigated on suspicion of recruiting former specialised police officers and soldiers to work in Iraq. Read More

National police confirmed that several South African companies and businessmen were being investigated by SAPS Crimes Against the State Unit (CASU) detectives for recruiting former specialised policemen and soldiers to work in Iraq. Read More