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| ABOUT HALLIBURTON Meal Overcharges
Halliburton unit KBR overcharged the U.S. government for meals supplied to troops at five military bases in Iraq and Kuwait during 2003. The company had overcharged by $27.4 million over a 9-month period. In one military camp in July 2003, KBR billed the government for an average 42,000 meals a day but served only 14,000 meals. Pentagon auditors found the overcharges during a routine audit of Halliburton. The company agreed to repay the $27.4 million, but admitted no wrongdoing. The overcharges prompted the Pentagon to review the 53 remaining dining facilities in Kuwait and Iraq operated by Halliburton. The meals were served under KBR's LOGCAP contract with the U.S. Army. |