Halliburton Contractor Settles in Overcharging Suit

| Wed Aug. 2, 2006 1:04 PM EDT

AP reports that a company hired by Halliburton to ship military cargo to Iraq has paid the government $4 million to settle a case alleging it overcharged by adding a "war risk surcharge."

"The invoices from Houston-based EGL Inc., operating as Eagle Global Logistics, were for shipments of military goods sent from Dubai, United Arab Emirates, to Iraq between November 2003 and July 2004.

A former Dubai-based vice president, Christopher Joseph Cahill, pleaded guilty in February to inflating the invoices by $1.14 million to cover the fraudulent surcharges.

For much more on Halliburton and its far-reaching tentacles, see here.