International Business Halliburton Involvement in Term Paper

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The auditors had questioned bills generated by Saudi subcontractor Tamimi Global Company, which last July billed for 42,042 meals daily at a U.S. base outside Kuwait City, while only serving up 14,053 meals a day (unknown, 2004)."

While the military agreed to pay the invoices in April, a "Pentagon spokesman said officials with the Defense Contract Audit Agency would continue to evaluate the costs incurred and billed by KBR, which is providing logistical support for U.S. troops in Iraq (unknown, 2004)."

Overcharging for Oil

In October of 2003, Halliburton was "accused of overcharging U.S. taxpayers for gasoline it is importing into Iraq. There are reports that the company is overcharging the U.S. government between 65 and 75 cents for every gallon of gasoline it sells in Iraq (unknown, overcharging)." Halliburton, however, maintains it is innocent of these charges.

War for Profit?

Many critics accuse President Bush of starting the war in Iraq just to boost the profits of some United States companies. This scenario could be deemed plausible as Vice-President Cheney's former company, Halliburton Oil, has been awarded contracts worth billions of dollars since the start of the war. In contrast, others state "it is rather heavy to accuse Bush of destabilizing the world just to serve his economic interests, which is also the interests of the United States, as he sees it (unknown, D-Day).

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Conclusion

Halliburton, its subsidiaries and subcontractors play a prominent role in Iraq. They are responsible for a wide range of services, including fighting oil fires, pumping oil, providing soldiers with hot meals, shelters and beds, and transporting materials across dangerous stretches of road. The company has also received contracts in which it will help with the rebuilding of Iraq. While the company offers incentives for employees to work in Iraq, it is experiencing a high rate of employment turnover due to the dangers many employees face on a daily basis.

Although the company has come under scrutiny in recent years due to its involvement with Vice-President Chaney and its accounting practices, it has still managed to win billion dollar military contracts due to its expertise in the oil service industry. The company shows every indication that it will continue to be a strong force in Iraq for years to come.

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"International Business Halliburton Involvement In" (2004, December 11) Retrieved May 2, 2024, from
https://www.aceyourpaper.com/essays/international-business-halliburton-involvement-59761

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"International Business Halliburton Involvement In" 11 December 2004. Web.2 May. 2024. <
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Latest Chicago Format (16th edition)

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"International Business Halliburton Involvement In", 11 December 2004, Accessed.2 May. 2024,
https://www.aceyourpaper.com/essays/international-business-halliburton-involvement-59761