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An Alabama company controlled by a billionaire Kuwaiti family is the biggest supplier of guns to Iraq. These weapons were paid for by the Pentagon which has lost track of them. A new Amnesty international report says that such unrestrained global arms trading schemes may have catastrophic human rights consequences.
Federal investigators on Monday raided the downtown offices of a city-chartered nonprofit agency accused of abusing a federally financed program that was created to clean up houses damaged by Hurricane Katrina.
According to documents seen by the Financial Times, BAE Systems has been linked to Zimbabwean arms trader John Bredenkamp. BAE reportedly paid at least £20m to Bredenkamp via offshore entities in the British Virgin Islands between 2003 and 2005. The payments raise fresh questions about bribery in BAE's dealings.
England's House of Lords ruled that the Serious Fraud Office was lawful in its actions to halt investigations into allegations that BAE Systems ran a £60m "slush fund" and offered sweeteners to officials from Saudi Arabia in return for lucrative contracts.
Qinetiq, once owned by the Ministry of Defence (MOD), said it would it pay $104.5m (£53m) in cash for the firm.
Auditors at a Pentagon oversight agency were pressured by supervisors to skew their reports on major defense contractors to make them look more favorable instead of exposing wrongdoing and charges of overbilling, according to an 80-page report released yesterday by the Government Accountability Office.
- 23 Private Security
- 24 Intelligence
- 174 War & Disaster Profiteers Campaign
- 176 War Profiteers Site
- 187 Privatization
- 208 Regulation
Shoddy electrical work by private contractors on United States military bases in Iraq is widespread and dangerous, causing more deaths and injuries from fires and shocks than the Pentagon has acknowledged, according to internal Army documents.
The senator, Byron L. Dorgan, Democrat of North Dakota, said at a hearing that Maj. Gen. Jerome Johnson, who was commander of the Army Sustainment Command until last year, made inaccurate statements to the Senate Armed Services Committee about problems with water supplied to American soldiers in Iraq by KBR, the largest defense contractor in Iraq.
The Bush administration has disclosed that U.S. advisors in Iraq played a key role in drawing up contracts between the Iraqi government and five major Western oil companies. The no-bid contracts are expected to be awarded Monday to Exxon Mobil, Shell, BP, Total and Chevron, as well as to several smaller oil companies.
The US has accepted that foreign contractors in Iraq will no longer have immunity from Iraqi law under a new security agreement now under negotiation, says the Iraqi Foreign Minister, Hoshyar Zebari.
The Army official who managed the Pentagon's largest contract in Iraq says he was ousted from his job when he refused to approve paying more than $1 billion in questionable charges to KBR, the Houston-based company that has provided food, housing and other services to American troops.
A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.
A poorly run Pentagon program for providing workman's compensation for civilian employees in Iraq and Afghanistan has allowed defense contractors and insurance companies to gouge American taxpayers, a House committee said Thursday.