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Halliburton Unit Audit Grows

From Reuters

The United States’ chief inspector in Iraq said Thursday that audits still underway have found problems with prices charged by Halliburton unit KBR for work in Iraq and Kuwait.

Stuart Bowen, inspector general for the U.S.-led Coalition Provisional Authority, said that besides concerns involving hotel costs and the purchase of trucks, a broad audit would soon be announced on KBR’s task of providing services to the authority.

KBR’s work in Iraq, which could total $18 billion in business, has already come under the scrutiny of military auditors.

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The company, which has more than 24,000 employees working in the Iraq-Kuwait region, argues that its prices in Iraq have been driven up by the high level of danger.

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