Showing posts with label U.S. Treasury. Show all posts
Showing posts with label U.S. Treasury. Show all posts

Monday, March 12, 2007

More on the Haliburton Move

Raw Story is reporting that "Sen. Frank Lautenberg (D-NJ) is calling on the U.S. Treasury to ensure that a controversial Houston-based multinational corporation, Halliburton, is not benefiting financially from the move of its headquarters to the United Arab Emirates".

Here's my comment from my post from March 11, 2006:
So is it that Haliburton is abandoning the Bush admin for greener pastures or is there a grander scheme? It's closer to Iraq and Iran. And I believe that Haliburton is already in Iran. I need time to dissect this move but it doesn't feel right.

Iran!

The Raw Story article goes on to say:
In response to the announcement that Halliburton's CEO is moving the company's headquarters to Dubai, United Arab Emirates, U.S. Senator Frank R. Lautenberg (D-NJ) called on the Treasury Department to make sure Halliburton's move is not part of a larger effort to increase Halliburton's business with Iran by evading current U.S. sanctions laws prohibiting any U.S. company from doing business with terrorist states.

Also the no bid contracts that Haliburton received from our government is an issue in this as well as Congress's investigation of over charges to our government.

Read the rest of the Raw Story article that also shows the letter that Sen. Laughtenburg wrote to the US Treasury Dept.

More to come, I am sure!