Hmmm...what's Bush hiding NOW?
Posted: Fri Jul 16, 2004 8:22 am
Very interesting, wonder what Dubya and Cheney are hiding NOW
I know they BOTH admit not having ANY ties to Halliburton but seriously now, do we REALLY believe them? "NOT!"
http://www.azcentral.com
U.S. keeps Halliburton data from U.N. auditors
Colum Lynch
Washington Post
Jul. 16, 2004 12:00 AM
UNITED NATIONS - The Bush administration is withholding information from U.N.-sanctioned auditors examining more than $1 billion in contracts awarded to Halliburton and other companies in Iraq without competitive bidding, the head of an international auditing panel said Thursday.
Jean-Pierre Halbwachs, the chairman of the International Advisory and Monitoring Board, said that the United States has repeatedly rebuffed his requests since March to turn over internal audits, including one that covered three contracts valued at $1.4 billion that were awarded to Halliburton, a Texas-based oil services firm. It has also failed to produce a list of other companies that have obtained contracts without having to compete.
The IAMB, which includes representatives from the United Nations, the World Bank and the International Monetary Fund, was established by the U.N. Security Council in May 2003, to ensure that Iraq's oil revenues were managed responsibility during the U.S. occupation. Its mandate has been extended by the council so that it could continue to monitor the use of Iraq's oil revenue after the U.S. transferred political authority to the Iraqis in June.
The dispute comes as the board released an initial audit by the accounting firm KPMG Thursday that sharply criticized the U.S.-led coalition's management of billions of dollars in Iraqi oil revenue.
The Pentagon did not specifically answer questions about withholding of information to auditors, but released a statement saying the Coalition Provisional Authority worked hard to manage Iraq's oil resources well.
"In a very challenging environment the CPA made every effort to bring sound management transparency and oversight to the Development Fund for Iraq while at the same time improving the quality of life for the Iraqi people," said Lt. Commander Flex Plexico.


http://www.azcentral.com
U.S. keeps Halliburton data from U.N. auditors
Colum Lynch
Washington Post
Jul. 16, 2004 12:00 AM
UNITED NATIONS - The Bush administration is withholding information from U.N.-sanctioned auditors examining more than $1 billion in contracts awarded to Halliburton and other companies in Iraq without competitive bidding, the head of an international auditing panel said Thursday.
Jean-Pierre Halbwachs, the chairman of the International Advisory and Monitoring Board, said that the United States has repeatedly rebuffed his requests since March to turn over internal audits, including one that covered three contracts valued at $1.4 billion that were awarded to Halliburton, a Texas-based oil services firm. It has also failed to produce a list of other companies that have obtained contracts without having to compete.
The IAMB, which includes representatives from the United Nations, the World Bank and the International Monetary Fund, was established by the U.N. Security Council in May 2003, to ensure that Iraq's oil revenues were managed responsibility during the U.S. occupation. Its mandate has been extended by the council so that it could continue to monitor the use of Iraq's oil revenue after the U.S. transferred political authority to the Iraqis in June.
The dispute comes as the board released an initial audit by the accounting firm KPMG Thursday that sharply criticized the U.S.-led coalition's management of billions of dollars in Iraqi oil revenue.
The Pentagon did not specifically answer questions about withholding of information to auditors, but released a statement saying the Coalition Provisional Authority worked hard to manage Iraq's oil resources well.
"In a very challenging environment the CPA made every effort to bring sound management transparency and oversight to the Development Fund for Iraq while at the same time improving the quality of life for the Iraqi people," said Lt. Commander Flex Plexico.