CHENEY
ARTICLE III. ABUSE OF OFFICE
(3) Maintaining an Unethical Business Relationship
As the originator of the no-bid contract procurement a system at
the Pentagon during his tenure as Secretary of Defense under President
George Herbert Walker Bush, a system he subsequently profited handsomely
from during his subsequent tenure as Chief Executive Officer for
Halliburton Company from 1995 to 2000, Richard Bruce Cheney, during
his tenure as Vice President of the United States of America, has
maintained an unethical relationship with his previous employer,
Halliburton Company, in that:
(A) The Office of the Vice President has been involved in the arrangement
of contracts awarded to Halliburton Company by the Department of
Defense, such as two contracts awarded on November 11, 2002 and
March 8, 2003, worth up to $7 billion, to develop and implement
a contingency plan to restore Iraq’s oil infrastructure upon
the then impending invasion of Iraq;
(B) He has chosen to remain silent and has taken no action to rectify
matters or provide new oversight to prevent waste, fraud and abuse
by government contractors in the face of a succession of financial
scandals involving his former employer, Halliburton Company and
its subsidiaries, which include the following:
(i) In 2002 Halliburton Company paid a $2 million fine to the Justice
Department for fraud committed against the Department of Defense
during his tenure as Chief Executive Officer.
(ii) In May 2002 the Securities and Exchange Commission initiated
an investigation into possible fraudulent accounting and securities
trading during his tenure as Chief Executive Officer of Halliburton
Company;
(iii) In 2003 Halliburton was caught overcharging the Department
of Defense by $27.4 million for meals supplied to troops at five
military bases;
(iv) In May 2003 Halliburton admitted to having paid a Nigerian
official millions of dollars in exchange for tax exemptions;
(v) In December 2003 the Defense Contract Audit Agency found that
Halliburton Company had over-billed the Department of Defense by
more than $61 million;
(vi) In January 2004 Halliburton admitted tht its employees had
accepted kickbacks amounting to $6.3 million from a Kuwaiti-based
subcontractor in exchange for a portion of United States Government
contracts.
(C) Despite public denials claiming he holds “no financial
interest in Halliburton of any kind,” Richard Bruce Cheney
continues to hold 433,333 Halliburton stock options, whose value
has soared from $240,000 to over $8 million as Halliburton has received
over $10 billion in government contracts since he became Vice President
in 2001, and has continued to receive deferred payments from Halliburton
in excess of $150,000 per year.
Whereby Richard Bruce Cheney, by using his office or allowing his
office to be used in a manner contrary to known standards of ethics
for public officials, did commit high misdemeanors against the United
States of America.