18
Mai
2005

Crony Capitalists

by Ken Sanders

On Tuesday, May 10, 2005, and without a hint of shame, the Bush administration awarded Halliburton subsidiary Kellogg, Brown and Root (KBR) $72 million in bonuses for its "very good" and "excellent" work in Iraq. Excuse me? Just two months ago, the Justice Department indicted a KBR manager for "major fraud against the United States" under the same LOGCAP contract for which KBR is now being awarded bonuses. According to the indictment, former KBR manager Jeff Mazon billed the U.S. more than $5.5 million for $680,000 worth of work. In other words, Mazon inflated KBR's bill by over 700 percent....

http://www.dissidentvoice.org/May05/Sanders0512.htm
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