Cheney's business with Saddam

Geraldine Sealey
April 23, 2004 8:08PM (UTC)

From a Wall Street Journal story today on U.S. companies that did business with Iraq in the 1990s. Those companies include ... you guessed it: Dick Cheney's Halliburton.

"Halliburton, which has won business in the Gulf country since the war, did tens of millions of dollars of business with Iraq in the late 1990s, when it was still led by the current U.S. vice president, Dick Cheney. Much of that business was done through French units. Halliburton won more than $30 million worth of deals with Mr. Hussein's Iraq in the 1990s, U.N. documents show."


"The largest part came when Mr. Cheney led the company from 1996 to 2000. Mr. Cheney said during the 2000 election campaign that Halliburton had a policy against trading with Iraq. The Halliburton contracts mentioned in the U.N. documents involved units and joint ventures that came with the purchase of Dresser Inc. in 1998. Those units were sold from December 1999 to April 2001. 'Contracts were initiated prior to the merger,' a spokeswoman for Halliburton said."

"But at least one French unit, Dresser-Rand SA, part of a joint venture in which Halliburton had a 51% stake, registered $6 million of oil spare-parts sales with the U.N. oil-for-food program between 1998 and 2000, after Halliburton acquired Dresser, U.N. documents show. Ingersoll Dresser Pump Co., the French unit of another joint venture, signed about $25 million of Iraqi contracts at a time when Halliburton owned 49%, documents show."

Geraldine Sealey

Geraldine Sealey is senior news editor at

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