Monday, April 2, 2007

Halliburton moves overseas to avoid taxes, accountability

clipped from iraqforsale.org

HalliburtonWatch reports that contracting giant Halliburton is moving its corporate headquarters from the United States to the United Arab Emirates, which will help it avoid taxes and accountability from federal investigators. The company is also in the process of disposing all its ownership in the scandal-plagued KBR, "notorious for overcharging the military and serving contaminated food and water to the troops in Iraq." The article goes on to report that this isn't the first time Halliburton has used tactics to avoid accountability and restrictions:

Halliburton has also used its operational structure for contracts in Iraq and post-Katrina -- especially multiple layers of subcontractors -- to elude oversight and accountability to taxpayers. Read more at HalliburtonWatch.

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