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Controversial Contractor’s Iraq Work Is Split Up (KBR)

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 12:40 AM
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Controversial Contractor’s Iraq Work Is Split Up (KBR)
Source: NY Times

Sometime soon, a group of American corporate executives and military leaders will quietly sit down and divide Iraq into three parts.

Their meeting will not have anything to do with Iraq’s national sovereignty, but instead will involve slicing up billions of dollars in work for the defense contractors that support the American military’s presence in the country.

For the first time since the war began, the largest single Pentagon contract in Iraq is being divided among three companies, ending the monopoly held by KBR, the Houston-based corporation that has been accused of wasteful spending and mismanagement and of exploiting its political ties to Vice President Dick Cheney.

Yet even as the Pentagon begins to pull apart the enormous KBR contract, critics warn that the new three-company deal could actually result in higher costs for American taxpayers and weak oversight by the military. In fact, under the new deal, KBR and the two other companies could actually make more than three times as much as KBR has been paid each year since the war began.

Last month the Pentagon awarded the companies pieces of a new contract to provide food, shelter and basic services for American soldiers, a 10-year, $150 billion deal that stretches far beyond the final days of the Bush administration. KBR will still get a sizable chunk of the business, but now it will have to share the work with Fluor Corporation and DynCorp International.



Read more: http://www.nytimes.com/2008/05/24/world/middleeast/24contract.html?hp



Great, Dyncorp are another bunch of crooks. Anyone know about Fluor?
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xyouth Donating Member (165 posts) Send PM | Profile | Ignore Sun May-25-08 11:41 AM
Response to Original message
1. Here is a little something
The Geneva-based SICO is the parent house for the Group's international financial activities and investments, with branches in London and Curacao. The Curacao branch, established in 1984, manages the bin Laden group's partnership with the American Daniels Realty Corporation (Duspic), part of the Fluor Corporation conglomerate. It is partly through the bin Ladens' influence that the Fluor group was one of the major recipients of reconstruction contracts in Kuwait

.http://www.pbs.org/wgbh/pages/frontline/shows/binladen/who/family.html
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