Wednesday, September 17, 2003

PENTAGON STONEWALLS RELEASE OF KELLOGG, BROWN & ROOT DOCUMENTS ON IRAQI OIL CONTRACTS

Halliburton’s “KBR” Granted Contract Options for Up to $7 Billion Over 5 Years. “National Security” Claimed for Withholding Justification, Approval and E-Mails Concerning “Sole Source” Contract to KBR.

Judicial Watch, the public interest group that investigates and prosecutes government corruption, said today that the U.S. Army Corps of Engineers has refused to produce records, under the provisions of the Freedom of Information Act (“FOIA”), pertaining to the decision to grant “sole source” contracts to Halliburton subsidiary Kellogg, Brown and Root (“KBR”). Sole source contracts are awarded to a company without having to go through a competitive bidding process.

Vice President Richard B. Cheney was Halliburton’s chief executive and chairman from 1995 to 2000, when he stepped down to be President George W. Bush’s running mate. The Securities and Exchange Commission is currently investigating Halliburton's 1998 decision to change the way it accounted for revenue on cost-overrun projects.


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