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Kuwaiti Company 'Altanmia' Burdens the American Tax-Payer

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(Reprinted from Salon.com)

The Kuwait Halliburton scandal continues to rear its ugly head in the American media.

According to The Los Angeles Times Editorial (March 4, 2006):

"U.S. taxpayers are getting an expensive lesson in the costs of private contractors" and that Halliburton Co. subsidiary Kellog, Brown and Root overpaid $208 million for transporting oil to the U.S. Army in Iraq subsequently leading the U.S. Government to shell out $204 million in 'reimbursement costs' to Halliburton.

The Editorial cited the reasons for the exhorbitant cost:

"The conditions of war and the fact that Kuwait Petroleum Corp., the company that supplied the oil itself, backed Altanmia during the negotiations and was a hard-nosed bargainer".


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Comments (1)

nilly:

we know who is the kuwaiti behind the halliburton mess, hes still causing us trouble

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