Financial Times FT.com

KBR faces hearings on war contracts

By Stephanie Kirchgaessner in Washington

Published: February 4 2007 20:41 | Last updated: February 4 2007 20:41

Executives from government contractors in Iraq and Afghanistan, including KBR and Compass of the UK, face a rocky ride in Washington this week as Henry Waxman, the congressman, begins hearings on allegations of “waste, fraud and abuse”.

The hearings, which begin on Tuesday, are expected to mark the beginning of a new phase in which contracting practices are subject to tougher oversight.

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