$1.9 Billion of Iraq's Money Goes to U.S. Contractors
Wednesday, August 4, 2004 at 05:51AM
TheSpook
Halliburton Co. and other U.S. contractors are being
paid at least $1.9 billion from Iraqi funds under an arrangement set by
the U.S.-led occupation authority, according to a review of documents
and interviews with government agencies, companies and auditors. Most
of the money is for two controversial deals that originally had
been financed with money approved by the U.S. Congress, but later
shifted to Iraqi funds that were governed by fewer restrictions and
less rigorous oversight. [more]
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