Halliburton Awaits Final Decision On Army Contract Payments ; $60 Million at Stake in Flap Over Work Ordered in Iraq

Summary

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WASHINGTON - After a week of flip-flops by the Army, Halliburton is waiting for a final decision on whether the military will withhold 15 percent of payments for some of its work in Iraq.

The confusion over payments which could cost the company around $60 million is the latest hitch for Halliburton's multibillion- dollar work in Iraq. Various government agencies are investigating several aspects of that work, including allegations of kickbacks by Kuwaiti subcontractors and improper charges totaling hundreds of millions of dollars.

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Halliburton Awaits Final Decision On Army Contract Payments ; $60 Million at Stake in Flap Over Work Ordered in Iraq

Some Democrats in Congress also are questioning whether Vice President Dick Cheney, who headed Halliburton from 1995 to 2000, helped clear the w...

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