NEW YORK (Reuters) - Pentagon auditors have concluded that Halliburton Co. failed to adequately account for more than $1.8 billion of work in Iraq and Kuwait, said a newspaper citing a Pentagon report.
The amount represents 43 percent of the $4.18 billion that Houston-based Halliburton's Kellogg Brown & Root unit has billed the Pentagon to feed and house troops in the region, the Wall Street Journal reported.
It said the findings in the 60-page Pentagon audit report, dated Aug. 4 but not publicly released, are likely to increase pressure on the U.S. government to withhold hundreds of millions of dollars of payments to Halliburton.
http://money.cnn.com/2004/08/11/news/fortune500/halliburton.reut/index.htm?cnn=yes