Now why would the auditors find it "illogical" for KBR to spend more than $27.5 million to send $82,000 worth of propane from Kuwait into neighboring Iraq - and will Bush allow Halliburton to keep the money? KBR also agreed to retroactively pay Turkish fuel suppliers after the costs of fuel rose, adding an additional $16.8 million in costs, despite having fixed-price contracts with the suppliers which were meant to prevent price increases from affecting the fuel trucked into Iraq. Will this make 6 o'clock news?
http://ap.tbo.com/ap/breaking/MGBDNMH7B6E.htmlMar 14, 2005
Pentagon Auditors Question More Than $108 Million in Halliburton Charges
By Matt Kelley Associated Press Writer
WASHINGTON (AP) - Pentagon auditors questioned more than $108 million in costs claimed by Halliburton on its $875 million contract to provide fuel in Iraq in 2003 and 2004, according to records released Monday.
The Defense Contract Audit Agency also faulted Halliburton Co. subsidiary KBR for failing to provide the records necessary to evaluate spending on the contract. The data KBR gave the auditors didn't match the company's internal accounting records, the agency said in a report dated Oct. 8. <snip>
Congressional Democrats critical of Halliburton's work in Iraq released the executive summary of the DCAA audit Monday. The audit was advisory and did not require the Pentagon to take any action against Halliburton. The Defense Department has rejected calls for it to cut off its current contracts with Halliburton because of the controversy. <snip>