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$122 Million Withheld in Halliburton Cost Claims

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From Times Wire Reports

Pentagon auditors have questioned nearly $122 million in costs claimed by Halliburton Co. under contracts to rebuild Iraq’s oil industry and supply fuel to its citizens, according to audits released by a Democratic congressman.

Rep. Henry A. Waxman of Los Angeles said the Bush administration had withheld the questioned amount from the United Nations board overseeing Iraq reconstruction.

“Halliburton has been a good steward of the taxpayers’ dollars,” company spokeswoman Beverly Scippa said.

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