Monday, December 08, 2003

Iraq delays hand Cheney firm $1bn

Halliburton, the engineering group formerly run by US vice-president Dick Cheney, has been given $1 billion worth of reconstruction work in Iraq by the US government without having to compete for it, thanks to repeated delays in opening up a key contract to competition.

The Houston-based company was controversially awarded a (cost-plus) contract to repair Iraq's damaged oil infrastructure without competition in February.


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