Source Pravda.Ru

Scandal in the White House: Richard Cheney accused of fraud

Scandals regarding financial abuses still shake the US establishment. Yesterday, President George W. Bush delivered an unexpectedly strict speech accusing businessmen of damaging the America business image. The speech produced the impression that the White House might seriously establish order in the financial accountability of the largest US companies. This occurred against the background of not quite ethical deals struck by George W. Bush himself at the beginning of the 1990s. However, as we see now, this was just a trifle compared with a the sensational scandal.

Stockholders of the oil company Halliburton Co. have filed a suit against the company’s ex-president and incumbent Vice-President Richard Cheney. The stockholders accuse him of large-scale financial fraud. The AP reports that accounting of Halliburton's activity within the period since 1998 (Richard Cheney was at head of the business within 1995-2000) revealed numerous mistakes and profit suppression.

As a result of the scandal, Halliburton shares suddenly dropped. The defendant has not yet made any official comments on it. Besides, as of now, no official charges have yet been brought against the incumbent US vice-president, nor against his former employers. The infamous Arthur Andersen participated in the Halliburton auditing. The name of Richard Cheney has been mentioned several times in connection with the Enron bankruptcy scandal. It was said that the vice-president was on friendly terms with the energy giant's leadership. This is scandalous, because Richard Cheney was simultaneously chairman of the Energy commission. It is certainly not right to say now that the new scandal will affect the vice-president's career. However, it was already stated some time ago that the White House would find a new candidate to the vice-president post for the next elections. It was added at that, the White House dislikes the fact that Richard Cheney got into trouble too often.

Vasily Bubnov PRAVDA.Ru Translated by Maria Gousseva

Read the original in Russian: http://pravda.ru/main/2002/07/10/43944.html

Related links:

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
Riots spark in Ukraine again, but people will not die for idiots this time
Russian PM Medvedev: USA undermines relationship with Russia for decades
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
North Korea is not a threat to the US
North Korea is not a threat to the US
Saudi Arabia readies to enjoy cinemas and music for the first time in 40 years
Capitalism reduced Indonesian cities to infested carcases
Russian politician says Donald Trump extremely dangerous for Russia
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
American Bioweaponry
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine