Tip of the iceberg
Ex-Halliburton worker pleads guilty to bribes. Come on. How many more of these pigs are on the take?
A former Halliburton Co. worker pleaded guilty late last week to taking more than $110,000 in bribes from an Iraqi company in 2004 and defrauding the United States, court documents showed.
The man, Glenn Allen Powell, is facing up to 20 years in prison plus a $1.25 million fine for the crimes, which he committed while working for Halliburton’s KBR engineering and construction unit, the U.S. government’s largest private contractor in Iraq.
According to his plea agreement filed on Friday in U.S. District Court in Rock Island, Illinois, Powell admitted to taking a kickback from the company, which was not named, in exchange for securing a $609,000 contract for it to renovate a warehouse in Iraq.
The kickback was discovered by KBR during an internal investigation, according to the plea agreement. The contract was part of the KBR’s ongoing work for the Pentagon to provide services and support to U.S. troops in Iraq and Kuwait that brought the company $9.1 billion through May. The company could earn another $4.97 billion for that work through early 2006.