Friday, May 31, 2002

Accounts probe at Cheney firm



US oil services and engineering firm Halliburton is being investigated for its accounting practices when US Vice President Dick Cheney was at the helm.
Halliburton is the latest in a string of companies to come under fire for allegedly shielding their true financial position from investors and analysts.

Mr Cheney was chairman and chief executive of the company between 1995 and 2000 and the probe revolves around the firm's accounts in 1998.

The Enron scandal prompted the push to clean up corporate America when it emerged that the disgraced energy firm had been reporting highly misleading accounts.

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