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Article: US owes Iraq 208 million dollars for reconstruction work: newspaper
- Article from:
- Xinhua News Agency
- Article date:
- November 5, 2005
CopyrightCopyright 2005 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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US owes Iraq 208 million dollars for reconstruction work:
newspaper
WASHINGTON, Nov. 5 (Xinhua) -- A group of international auditors
said that the United States should repay some 208 million US dollars
to Iraq for a poorly-done reconstruction work, The New York Times
reported Saturday.
The work, which was contracted to KBR, a subsidiary of the US
defense contractor Halliburton, and was paid with Iraqi oil proceeds,
was either carried out at inflated price or accomplished poorly, the
auditors were quoted as saying.
The auditors belong to the International Advisory and Monitoring
Board of the Development Fund for Iraq, an auditing group sponsored
by the United Nations to check ...