The Pentagon backed off its threat not to pay a Halliburton Co. subsidiary for troop support work, instead giving the company more time to justify its bills to the Army.
Tuesday's decision ended a two-day exchange between the military and the oil and gas giant once led by Vice President Dick Cheney, according to a newspaper report.
[. . .]
The company has been awarded more than $6 billion in contracts related to the U.S.-led invasion of Iraq, but the company has been under fire for allegedly overcharging the government. Halliburton says it is a political target, denies wrongdoing and disputes whether withholding payment is legally justified.
Halliburton said its subsidiary would offset any loss by simply keeping 15 percent from payments to subcontractors. [my emphasis]
You know they'll get their money one way or the other. I wonder who got the brass at the Pentagon to change their minds? Hmmmmmmm?
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