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Halliburton Audit

Halliburton Audit

Pentagon Audit Questions Halliburton’s Costs in Iraq (washingtonpost.com) Halliburton subsidiary Kellogg Brown & Root Inc.’s cost data doesn’t match its accounting. KBR reported it had purchased liquefied gas for $82,100, and then spent $27.5 million to transport it! $1.8 billion in “unsupported costs” in a $10.5 billion Army logistics contract that KBR won on a competitive bid. $100 million in questionable “costs” just in one section of the fuel delivery. The audit summary, written in October 2004 but withheld from…

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