Iraq Contractor KBR Cited By Oversight Commission

Associated Press
August 12, 2009

WASHINGTON – A federal panel has accused Houston-based KBR Inc. of resisting government oversight and failing to cut costs on support work in Iraq.

[efoods]The allegation comes from the Commission on Wartime Contracting. That’s an independent panel examining waste and fraud in wartime spending.

But commissioners say KBR’s internal accounting and cost estimating systems have been inadequate since 2005. That’s led to questionable billings and drawn out arguments with federal auditors over hundreds of millions of dollars in charges.

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