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  • Thursday, March 31, 2005

    Halliburton bribery scandal deepens

    CorpWatch has this article on the deepening Halliburton scandal:

    An Illinois grand jury is now alleging that Mazon fraudulently inflated both bids before the contract was awarded, more than tripling them to $6.2 million for the unnamed company and $5.5 million for La Nouvelle. La Nouvelle then won the contract on the basis that it had submitted the lower bid. In June 2003, Mazon quit his job. Then three months after leaving KBR, he was accused of receiving a $1 million payment from La Nouvelle In an indictment issued mid-March 2005 by the grand jury. "Mazon and Hijazi also executed a promissory note as a ruse to make the $1 million payment appear to be a ... loan from Hijazi to Mazon," the indictment reads.
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