Sunday, February 15, 2009

Halliburton and KBR fined $579 million

Halliburton and KBR agreed to pay $579 million in fines to settle criminal and regulatory charges of having bribed foreign officials to win billions in construction contracts. Hallburton, run by Dick Cheney before he became Vice-President, has also reaped multibillions as the Bush administration’s most favored no-bid contractor.

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