Tuesday, December 14, 2004

Halliburton's $812 Million Dollar Problem

Pentagon audits turned up lots of irregularities in a non-compete bid given to Halliburton last year. The International Advisory and Monitoring Board released results of the audits. They cover five work orders costing taxpayers $812 million. The Pentagon found that Halliburton failed to complete required evaluations, were unable to support some of their costs, and overstated other costs to taxpayers. (Reuters)

2 comments:

Ike said...

Hey... I'm giving you the benefit of the doubt here, but the "b" and the "m" aren't exactly contiguous on my keyboard. And there's a grand difference between a billion and a million.

Tex said...

My typo. It's so rare that anything in Washington involves a mere million these days.