Cheneyburton - Criminals Incorporated
Ouch, $230 million... Dick that might cut into your bonus this quarter.
A subsidiary of Halliburton Corporation has become the target of a criminal probe in Kazakhstan over a customs dispute, Reuters reported. Kazakhstan customs officials say the Houston-based company must pay $230 million in customs fees. Halliburton's Kazakhstan operations reportedly violated customs laws by shifting imported equipment to operations that were not exempt from customs duties. However, an audit by customs officials showed Halliburton imported goods that were being used on other projects, which resulted in the criminal case.