Haliburton and war profiteering.

Discussion in 'Current Affairs, News and Analysis' started by bernoulli, Oct 19, 2007.

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  1. There is a fascinating article in this months Vanity Fair about how Haliburton and its subsidiaries have done very nicely out of the Iraq war.

    Link.

    This excerpt deals with the activities of Haliburton Subsidiary Kellog, Brown, Root, which has a rather loosely defined and policed contract to provide catering services to US forces worldwide.

     
  2. These organisations have been at it for years. I worked for S**** for a while and whilst they weren't perfect they got embarrased by being anywhere near these parasites. They make Dracula look like a minimalist when it comes to gorgeing.
     

  3. Someone profiteering from war.. GASP! Say it isn't so!


    The problem with Haliburton is that unfortunately there are no other companies able to do what they do.
     


  4. Bunnatine Greenhouse........................there's a blast from the past. She was an early scalp taken by Cheney and KBR and it taught a lot of people a lesson. Look the other way and never cross KBR or The Office Of The Vice-President.

    Link >
    http://www.iht.com/articles/2005/08/29/news/army.php

    RM
     
  5. Just wondering,Halliburton don't by any chance hold any British government contracts?.

    Be interesting to see if they are ripping off British taxpayers as well as American ones.
     
  6. Well, they own DML, the company that runs Plymouth dockyard., and my personal experience of that particular outfit has been rather unhappy.

    As for Haliburton being the only company capable of providing these services, there does seem to be at least one other firm that can:

     
  7. They do a hell of a lot of work in the North Sea, I think there HQ is in France.


    CTC
     
  8. Correctamundo - including oil rig repair and breakdown using explosives. They used to have a mini explosives depot near Aberdeen IIRC.
     
  9. Their French HQ is at La Defense but it was rapidly down-sized after the French Fraud Squad came knocking on their doors in 2003. Voila :-

    Published on Saturday, October 11, 2003 by the Guardian/UK
    French Sleaze Inquiry Targets US Oil Subsidiary
    by Jon Henley in Paris

    PARIS — The public prosecutor's office in Paris said yesterday it was opening a formal judicial inquiry into alleged corruption by a French engineering firm and the American oil services giant Halliburton, which was headed until two years ago by Dick Cheney, the vice-president of the United States.

    Also See:
    Cheney Firm Paid Millions in Bribes to Nigerian Official
    Guardian/UK 5/9/2003


    The investigation is the first of its kind in France under laws introduced as part of an international convention on cross-border corruption signed in 1997 by some 35 countries, including the US.

    The financial crimes squad in Paris believes a French oil and gas engineering firm, Technip, and particularly the Halliburton subsidiary KBR were jointly involved during the 1990s in the payment of up to $200m (£120m) of under-the-counter "commissions" in relation to a huge gas contract in Nigeria.

    The convention, under the auspices of the Organization for Economic Cooperation and Development, aims to fight corporate attempts to buy the favors of public authorities abroad.

    It allows the police forces of signatory countries to investigate any company suspected of offering commercial sweeteners of any kind to elected or unelected public officials anywhere in the world.

    According to Le Figaro newspaper, French police believe KBR was behind a web of off-shore companies and bank accounts set up to "facilitate" the work of TSKJ, a joint venture between four engineering companies that had won a lucrative contract from international oil companies to build a large liquefied natural gas plant on Bonny Island in the eastern Niger delta.

    TSKJ, in which KBR was the leading player, allegedly paid a second off-shore company at least $180m in commissions - most of which was transferred to a score of different off-shore bank accounts - for "mediating" with the Nigerian authorities. It is alleged that much of that money wound up in the pockets of public officials.

    The French judicial investigation into "corruption of foreign public officials, abuse of funds, complicity and receiving misappropriated monies" targets KBR but will inevitably involve Halliburton, KBR's parent company, which recently won around $1.7bn worth of contracts from the Bush administration to help rebuild Iraq's oil industry.
    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

    Main HQ is on Clinton Drive, Houston, Texarse in the United States of Amnesia BUT they are getting ready to rapidly de-camp and move the legal entity of the Corporation to Dubai, UAE. Can't think why.

    RM
     
  10. I apologize for appearing contrary but:-

    My bold.

    Surely, the blame lies therefore at the feet of the government itself. If they had hired competent contract negotiators then the resulting contracts might have been a little more "equitable".
     
  11. Wow! That's all I can say about that article bernoulli, Wow!
    I knew already about the fraud but to see it so blatant and actually enabled by the contracts themselves was still an eye opener. Cost plus indeed!
    One day this whole 'War on Terror' game is going to be seen for what it always was. The fastest and largest illegal transfer of public funds into private hands in the whole of American history.

    And all this fraud is also enabled by a now well corrupted DoJ dept. that keeps everything under seal blocking further examination. (Same with Jack Abramoff who keeps offering to sing but the DoJ keeps cocking a deaf one.)

    And then there is this:

    And its no coincidence that Gonzales the former Attorney General got his break with the law firm Vinson & Elkins.
     
  12. onNeedless to say in future historians will describe the Bush administration as the most corrupt GOP since independance in 1776.

    And "the land of the free" lecture others on good governance!!.

    Even Bliar wasn't that bad,but close.
     
  13. onNeedless to say in future historians will describe the Bush administration as the most corrupt GOP since independance in 1776.

    And "the land of the free" lecture others on good governance!!.

    Even Bliar wasn't that bad,but close.
     
  14. And there was me thinking this was about the sweetie manufacturer
     
  15. 8) It's all about money again 8)