www.xinhuanet.com
XINHUA online
CHINA VIEW
VIEW CHINA
 Breaking News Major aftershock hits Pakistan's Balakot    Strong aftershocks felt in Pakistani cities    Hundres of vehicles torched overnight in France Violence     Palestinian militants continue launching rockets at Israel    Fog to disperse in Beijing on Sunday     US-Iraqi forces launch new offensive in western Iraq    
Home  
China  
World  
Business  
Technology  
Opinion  
Culture/Edu  
Sports  
Entertainment  
Life/Health  
Travel  
Weather  
RSS  
  About China
  Map
  History
  Constitution
  CPC & Other Parties
  State Organs
  Local Leadership
  White Papers
  Statistics
  Major Projects
  English Websites
  BizChina
- Conferences & Exhibitions
- Investment
- Bidding
- Enterprises
- Policy update
- Technological & Economic Development Zones
Online marketplace of Manufacturers & Wholesalers
   News Photos Voice People BizChina Feature About us   
US owes Iraq $208 mln for reconstruction: newspaper
www.chinaview.cn 2005-11-06 02:55:37

    WASHINGTON, Nov. 5 (Xinhuanet) -- 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 reconstruction projects in Iraq.

    The board's authority extends only to making recommendations onany reimbursement of the reconstruction projects and it is up to the US government to decide whether to make the repayment.

    US analysts said the finding will incur further suspicions among Iraqis, who always fear that the United States invaded their country to control the oil resources.

    Meanwhile, the report also came at a tough time for the Bush Administration, since US Vice President Dick Cheney's former role as chief executive Halliburton has already led charges that the company received preferential treatment in obtaining reconstruction contracts in Iraq.

    US Congressman Henry Waxman, a Californian Democrat, accused the Bush administration of repeatedly giving Halliburton special treatment and "allowed the company to gouge both US taxpayers and the Iraqi people."

    Some of the Iraq reconstruction projects are financed by the United States while the rest is paid with Iraqi oil proceeds.

    It is the first time that an international auditing group suggested that some US contractors have overcharged Iraq in reconstruction work, though a number of private auditors had criticized the overpricing behavior of KBR and other US contractors. Enditem

  Related Story
Copyright ©2003 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.