Bechtel Takes a Hit for War Profiteering
Posted in H.L. News, Main Blog (All Posts) on August 5th, 2006 9:02 am by HL
Bechtel Takes a Hit for War Profiteering
Alternet
Excerpt
A comprehensive U.S. government audit of a Bechtel project in Iraq has exposed gross mismanagement by the company. As a result, the $50 million contract has been canceled.
As the auditors plan to expand their investigations to all of Bechtel’s $2.85 billion in Iraq contracts, they are sure to discover a pattern of failure. Not only should Bechtel be dropped from all of its failing contracts, but the company should be required to refund all misspent U.S. taxpayer and Iraqi funds so that Iraqi contractors can get to work and real reconstruction can finally begin.
But time is running out.