Halliburton Gets A Grand Jury Subpoena
Dick Cheney's old company, which declared 2003 revenues of $16.3 billion, has been subpoenaed by a grand jury for trading with Iran in violation of US laws. Halliburton argues that it did not trade with Iran - its Cayman Islands subsidiary did! MSN reports:
"A grand jury issued a subpoena to oil field services company Halliburton Co. seeking information about its Cayman Islands unit's work in Iran, where it is illegal for U.S. companies to operate... The company, formerly headed by Vice President Dick Cheney, said it understood the investigation of its subsidiary's work in Iran had been transferred to the U.S. Department of Justice from the Treasury Department, which first initiated an inquiry in 2001.
Halliburton's engineering and construction unit KBR, formerly called Kellogg Brown & Root, is also the subject of U.S. Justice Department and SEC investigations for possible overcharges for fuel and food service contracts in Iraq, where it is the largest contractor."
Halliburton and KBR have long-established ties with the Bush Walker clan.