Rigs11
08-19-2005, 07:49 PM
Ex-worker at Halliburton unit guilty of fraud
Former employee accepted kickbacks from Iraqi company seeking contracts
PEORIA, Ill. - A former employee of a Halliburton Co. subsidiary pleaded guilty Friday to accepting more than $100,000 in kickbacks from an Iraqi company in exchange for securing it a U.S. military construction contract, prosecutors said.
Glenn Allen Powell, 40, of Cedar Park, Texas, will be sentenced Nov. 18 in federal court for major fraud against the United States and violating the anti-kickback act. He faces 10 years in prison on each count and up to $1.25 million in fines.
Vice President Dick Cheney headed Halliburton from 1995 to 2000, and Democratic members of Congress have repeatedly questioned whether Halliburton and its subsidiaries received favorable treatment because of its connections. Cheney and other administration officials have denied Cheney had any role in Halliburton’s government contract work.
http://www.msnbc.msn.com/id/9014170/
Former employee accepted kickbacks from Iraqi company seeking contracts
PEORIA, Ill. - A former employee of a Halliburton Co. subsidiary pleaded guilty Friday to accepting more than $100,000 in kickbacks from an Iraqi company in exchange for securing it a U.S. military construction contract, prosecutors said.
Glenn Allen Powell, 40, of Cedar Park, Texas, will be sentenced Nov. 18 in federal court for major fraud against the United States and violating the anti-kickback act. He faces 10 years in prison on each count and up to $1.25 million in fines.
Vice President Dick Cheney headed Halliburton from 1995 to 2000, and Democratic members of Congress have repeatedly questioned whether Halliburton and its subsidiaries received favorable treatment because of its connections. Cheney and other administration officials have denied Cheney had any role in Halliburton’s government contract work.
http://www.msnbc.msn.com/id/9014170/
