Defense officials said on Thursday that Halliburton's Kellogg Brown and Root unit, which has denied wrongdoing, may have been overcharged by a Kuwaiti sub-contractor by $61 million for fuel brought into Iraq from Kuwait.
Halliburton Co., the oil services company facing Pentagon allegations that it overcharged on U.S. government contracts in Iraq, defended its work and said it welcomes a full review of its activities.
President Bush said on Friday he expected $61 million to be repaid to the U.S. government if a Pentagon probe determines a Halliburton subsidiary overcharged for fuel deliveries to Iraq
"Their investigation will lay the facts out for everybody to see. And if there's an overcharge, like we think there is, we expect that money to be repaid," Bush said.