From Dave Lesar,
To hear the critics lately, it would be hard to recognize Halliburton as a company with 60 years experience serving the military since World War II when we built warships for the Roosevelt administration. With in all the political rhetoric, it would be impossible to find our employees who wear body armor and helmets while they work alongside the troops in Iraq. And lately, we would be unidentifiable as a company that is:
That's why we have a team of internal auditors who do daily forensic work monitoring contracts to ensure that our work is an endorsement of Halliburton's code of business conduct. Recently, we found improper payments by one or two former employees in Kuwait.
We found it quickly and we reported it immediately to the Inspector General. Halliburton repaid the government for any potential losses so the taxpayers would not pay for the mistake. That's how we have conducted our business for both Democratic and Republican administrations. We self-report, and if a problem arises, we fix it.
It's the right way, and for us, it's the only way.
Sincerely yours,
David J. Lesar
Chairman, President and
Chief Executive Officer
*Note: First, the bolding is as it is in the letter. I did not add it. Second, I'm posting this because Halliburton has take a good deal of attacks from the media and from individuals on this forum, and I believe they have the right to defend themselves.
To hear the critics lately, it would be hard to recognize Halliburton as a company with 60 years experience serving the military since World War II when we built warships for the Roosevelt administration. With in all the political rhetoric, it would be impossible to find our employees who wear body armor and helmets while they work alongside the troops in Iraq. And lately, we would be unidentifiable as a company that is:
- Values-driven
- Transparent in our business transactions with the government.
- Committed to help rebuild Iraq and provide food, shelter, Internet connections and clean clothes for the soldiers
- Dedicated to our financial responsibility to our clients and stakeholders
That's why we have a team of internal auditors who do daily forensic work monitoring contracts to ensure that our work is an endorsement of Halliburton's code of business conduct. Recently, we found improper payments by one or two former employees in Kuwait.
We found it quickly and we reported it immediately to the Inspector General. Halliburton repaid the government for any potential losses so the taxpayers would not pay for the mistake. That's how we have conducted our business for both Democratic and Republican administrations. We self-report, and if a problem arises, we fix it.
It's the right way, and for us, it's the only way.
Sincerely yours,
David J. Lesar
Chairman, President and
Chief Executive Officer
*Note: First, the bolding is as it is in the letter. I did not add it. Second, I'm posting this because Halliburton has take a good deal of attacks from the media and from individuals on this forum, and I believe they have the right to defend themselves.
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