Tuesday, June 21, 2005

Halliburton, Hewitt, Andersen, Enron ....



The Guardian reported, 21 June 2005, that Halliburton's British arm, Kellogg, Brown & Root (KBR), is being supported in an oilfield deal in Kazakhstan with a $10m (£5.5m) loan guarantee from the Department of Trade and Industry.

"This is despite the fact that KBR recently received British government loan guarantees for a large gas plant deal in Nigeria now alleged to have been corrupt. In that case, evidence came to light that $180m in back-door payments was going to Nigerian officials."

Patricia Hewitt was trade and industry secretary when the key decisions were taken.



Patricia Hewitt was head of research for Andersen Consulting when it was part of Arthur Andersen.

Arthur Andersen's American employees reportedly found nothing wrong in Enron's accounts.

The British branch of the firm 'has done very nicely' out of Tony Blair's Private Finance Initiative.

Andersen advised on PFI deals worth billions.



"Questions have ... been raised about the Blair Government's links with Enron itself. The company, it is alleged, successfully lobbied to get the Government to abandon its policy of placing a moratorium on gas-fired power stations; and to obtain clearance to buy the Wessex Water company, a year after Labour came to power."




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