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Resource ID: #21207
Subject: Conflicts Of Interest
Source: CBS News 60 Minutes
Date: April 27



This investigation showed how the military contracting process in Iraq is replete with cozy relationships between the Pentagon and industry that raise potential conflicts of interest. The Army Corps of Engineers awarded a secretive $7 billion no-bid contract for oil field services in Iraq to Halliburton, whose chief Washington lobbyist was a top official at the corps and whose former CEO is Vice President Dick Cheney. Furthermore, nine members of the Defense Policy Board, which advises the Pentagon, have financial ties to companies that won billions of dollars in defense contracts.

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