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An Illinois grand jury has accused a former Halliburton Co. worker and a Saudi colleague of scheming to overcharge the Pentagon for supplying fuel tankers for military operations in Kuwait.
The 10-count indictment alleges that Jeff Alex Mazon, a former procurement officer for Halliburton subsidiary KBR Inc., and Ali Hijazi, a businessman in Kuwait, developed a scheme to defraud the government out of millions of dollars by inflating bids on the tanker contract.
Japan's nuclear power industry suffered a historic defeat yesterday when one of the country's biggest utilities was forced to scrap plans for a power plant that it has been trying to build for 37 years.
A report prepared by major defense contractor Science Applications International Corporation (SAIC), dismisses the power of the markets to solve any oil peak. It calls for the intervention of governments.
Democratic Rep. Henry Waxman of California, one of the congressmen who released the audit, said in a statement on Tuesday that Bush administration officials heavily edited a copy of the audit at Halliburton's request before it was sent to U.N.-mandated auditors overseeing the Development Fund for Iraq.
Reconstruction in Iraq has been riddled with corruption while regions stricken by the Asian tsunami disaster are also highly vulnerable to the fraud, according to Transparency International, a global watchdog.
The industry-favored plan was pushed aside by yet another secret plan, drafted just before the invasion in 2003, which called for the sell-off of all of Iraq's oil fields. The new plan, crafted by neo-conservatives intent on using Iraq's oil to destroy the OPEC cartel through massive increases in production above OPEC quotas.
Working on a $283-million arms deal, U.S. contractor Dale Stoffel, repeatedly warned that a Lebanese middleman involved in the deal might be routing kickbacks to Iraqi Defense Ministry officials. Eight days later, Stoffel was shot dead in an ambush near Baghdad.
Big money is involved in the private military business. Equitable Services, a security industry analyst. In 1997, Equitable Services, a security industry analyst, predicted that the international security market will mushroom from $56 billion in 1990 to $220 in 2010. This was long before the boost given to the sector by the September 11 attacks.
Halliburton may have overcharged the U.S. government by more than $100 million under a no-bid oil deal in Iraq, said a military audit.
Critics of American agribusiness warn that this confluence of privatization policies, patent protections and U.S. exports is a volatile mix that could further destabilize war-ravaged Iraqi farmers.
The parents of a 23-year-old activist killed while trying to prevent the demolition of a Palestinian home have sued Caterpillar Inc., the company that made the bulldozer that ran over her.
A former Halliburton Corp worker sued the oilfield services company this week to recover overtime wages he said were illegally withheld from the company's workers in Iraq. Sammie Curry Smith who earned a base salary of $4,004 per month, including a 55 percent premium for "danger pay", was paid only his regular wage rate for the extra hours, according to the lawsuit.
The effects of global warming are cruelly ironic: the impact of fossil-fuel consumption will be most severe in regions where the least fuel has been consumed. Sub-Saharan Africa is becoming drier: in East Africa droughts of the kind that used to strike every 40 years are arriving every four or five.
Company providing private interrogators in Iraq views report as finding civilian interrogators had more experience than military counterparts at Abu Ghraib prison.
Custer Battles, a private security company, is a case study in what went wrong in the early days of the U.S. effort to rebuild Iraq, not least the haphazard and often ineffective U.S. oversight of the projects. Today, Custer Battles faces a criminal investigation, lawsuits by former employees and a federal order suspending them from new government business because of allegations of fraud.
Halliburton says the operation is entirely legal. The law allows foreign subsidiaries of U.S. corporations to do business in Iran under strict conditions. Other U.S. oil services companies, like Weatherford and Baker Hughes, also are in Iran. And foreign subsidiaries of General Electric, have sold equipment to Iran, though the company says it will make no more sales.
A former military interrogator talks about what went wrong at Guantanamo Bay and Abu Ghraib.
US military interrogators -- who will work at sites ranging from Abu Ghraib to Guantanamo Bay -- must first receive training at one obscure military fort in Southern Arizona. Today, that training has been taken over by private contractors working for profit.
Halliburton subsidiary KBR got $12 billion worth of exclusive contracts for work in Iraq. But even more shocking is how KBR spent some of the money. Former U.S. Army Corps of Engineers official Bunnatine Greenhouse is blowing the whistle on the Dick Cheney-linked company's profits of war