AS THE Anglo-American axis marches towards Baghdad, it may be useful for the public to get a peep at some of the business operations expected to shape the post-Saddam reconstruction of Iraq. On Jan 16, the Wall Street Journal reported that “early spoils (of the war) would go to companies needed to keep Iraq’s already run-down oil operations running.”
It added that this would include “oil service firms such as Halliburton Co where Vice-President Dick Cheney formerly served as chief executive.” When he left the firm to become US Vice-President, “Cheney received at least US$19mil (RM72mil) from Halliburton.” Halliburton and another firm, Schlumberger, “are seen as favourites for what could be as much as US$1.5bil (RM5.7bil) in contracts” after the war.