WASHINGTON: U.S. lawmakers on Thursday railed against defense contractor KBR Inc. for a string of fraud and contract abuses on a multibillion-dollar contract that provides food and shelter to U.S. troops in Iraq.
"I think profiteering during wartime is inexcusable," said Democratic Sen. Byron Dorgan, during a Senate Armed Services Committee hearing. "We've got a very serious problem. This is the most significant waste, fraud and abuse we have ever seen in this country."
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Democratic Sen. Carl Levin, chairman of the committee, cited several examples of contract abuse, including KBR billing the U.S. government for millions of meals that were never delivered, overstating labor costs by 51 percent, or $30 million (€22.06 million) and wasting between $40 million (€29.41 million) and $113 million (€83.08 million) unnecessary vehicles.
Halliburton recently completed a stock-swap program that separates itself from KBR, leaving two independent companies.
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