Halliburton, headed by Dick Cheney from 1995 to 2000 before he became vice president, said Sunday it was relocating to the United Arab Emirates to capitalize on the Gulf region's booming energy market.
The firm and its former KBR subsidiary, which is being spun off, have endured several contracting controversies and investigations since Halliburton was awarded a no-bid 2.4 billion dollar contract to supply the US military on the eve of the US-led invasion of Iraq in 2003.
KBR agreed last year to pay the US government eight million dollars to settle fraud claims related to an Army supply contract. Halliburton's Nigerian operations have also come under US government scrutiny in recent years.
My first reaction to hearing this news was that Halliburton was afraid of being vigorously prosecuted by the Democratic Congress and trying to find someplace to hide the books.
Now I am not a lawyer and I don't even know how this move might affect a criminal investigation, but that is what I feel to the main reason. They know they have broken the law multiple times and they are going to make it as hard as possible to hold them accountable.
I also think that we need to get as many government contracts as possible away from these guys. Their practices are completely unethical.
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Don't feed the trolls!
It just goes directly to their thighs.