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Reconstruction in Iraq has been riddled with corruption while regions stricken by the Asian tsunami disaster are also highly vulnerable to the fraud, according to Transparency International, a global watchdog.
Read MoreThe 10-count indictment alleges that Jeff Alex Mazon, a former procurement officer for Halliburton subsidiary KBR Inc., and Ali Hijazi, a businessman in Kuwait, developed a scheme to defraud the government out of millions of dollars by inflating bids on the tanker contract.
Read MoreAn Illinois grand jury has accused a former Halliburton Co. worker and a Saudi colleague of scheming to overcharge the Pentagon for supplying fuel tankers for military operations in Kuwait.
Read MoreBig money is involved in the private military business. Equitable Services, a security industry analyst. In 1997, Equitable Services, a security industry analyst, predicted that the international security market will mushroom from $56 billion in 1990 to $220 in 2010. This was long before the boost given to the sector by the September 11 attacks.
Read MoreDemocratic Rep. Henry Waxman of California, one of the congressmen who released the audit, said in a statement on Tuesday that Bush administration officials heavily edited a copy of the audit at Halliburton's request before it was sent to U.N.-mandated auditors overseeing the Development Fund for Iraq.
Read MoreThe People's Health Movement and its members work with UNICEF, the World Health Organization and other United Nations' agencies. Our members and constituent organizations were so alarmed to hear of the appointment of Ms. Ann Veneman as the next Executive Director of UNICEF that we have written and are distributing this Letter of Concern calling for a rethinking of both the appointment and the appointment process.
Read MoreThe parents of a 23-year-old activist killed while trying to prevent the demolition of a Palestinian home have sued Caterpillar Inc., the company that made the bulldozer that ran over her.
Read MoreCritics of American agribusiness warn that this confluence of privatization policies, patent protections and U.S. exports is a volatile mix that could further destabilize war-ravaged Iraqi farmers.
Read MoreHalliburton may have overcharged the U.S. government by more than $100 million under a no-bid oil deal in Iraq, said a military audit.
Read MoreWorking on a $283-million arms deal, U.S. contractor Dale Stoffel, repeatedly warned that a Lebanese middleman involved in the deal might be routing kickbacks to Iraqi Defense Ministry officials. Eight days later, Stoffel was shot dead in an ambush near Baghdad.
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