Halliburton 'mismanaged $8BILLION in Iraq'

A Pentagon audit has found wide-spread deficiencies in the way Halliburton tracks billions of dollars of government contracts in Iraq and Kuwait, leading to "significant" overcharges. The findings have been bolstered by graphic accounts from former employees who have told a US congressman that the company's subcontractors charged $100 (?83, £55) to launder a 15-pound bag of clothing and abandoned $85,000 trucks when they suffered flat tyres. [more]