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Auditor : Halliburton
Payments Should Be Cut 15 Percent
Reuters
Wed Nov 24, 2004 10:10 AM ET
WASHINGTON (Reuters) - The U.S. Army should withhold payment
of 15 percent of Halliburton Co.'s future invoices in Iraq due to
billing problems, said the chief auditor for U.S.-funded work in
Iraq on Wednesday.
Stuart Bowen, Special Inspector General for Iraq
Reconstruction, said in a memorandum to Army auditors and
commanders he believes U.S. contract laws requiring a withholding
when conditions are not met should be imposed on Halliburton unit
Kellogg Brown and Root.
© Reuters 2004. All Rights Reserved.
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