TV News LIES

Monday, Feb 27th

Last update05:20:13 AM GMT

You are here News Politics Top GOP Fund-Raiser Tied to Iraq Fuel Contract

Top GOP Fund-Raiser Tied to Iraq Fuel Contract

E-mail Print PDF

The Democratic chairman of a House investigative committee presented documents to the Pentagon on Thursday charging that a top Republican fund-raiser, Harry Sargeant III, made tens of millions of dollars in profits over the last four years because his contracting company vastly overcharged for deliveries of fuel to American air bases in Iraq.

In a written statement on Thursday, a lawyer for Mr. Sargeant, who is the finance chairman of the Florida Republican Party and a major fund-raiser for Senator John McCain’s presidential campaign, called the allegations “deeply disappointing” and asserted that they were not supported by the facts.

The contracting company, called the International Oil Trading Company, or I.O.T.C., was briefly in the news over the summer when a former partner filed a lawsuit against Mr. Sargeant in a Florida circuit court.

The former partner, a Jordanian named Mohammad al-Saleh, is a brother-in-law of the King Abdullah II of Jordan. The court papers laid out his assertion that he obtained special governmental authorizations for the company to transport the fuel through Jordan and was then unlawfully forced out by Mr. Sargeant, who strongly disputed those allegations.

But the latest claims of impropriety by the company, presented by Representative Henry A. Waxman, Democrat of California, in a letter to Defense Secretary Robert M. Gates, go much further. Mr. Waxman uses e-mail messages, company documents, Pentagon reports and other information to make the case that Mr. Sargeant repeatedly received contracts to deliver the fuel even though his company was not the lowest bidder. In one case, the letter from Mr. Waxman, chairman of the House Committee on Oversight and Government Reform, asserts that Mr. Sargeant’s company submitted the highest of six bids, but received the contract anyway. In fact, Pentagon contracting officers complained that the company’s prices were unreasonably high and initially said they could not justify giving the work to Mr. Sargeant.

 

More...


Most Recent Related Stories...


Nominee for Navy Secretary to withdraw

Nominee for Navy Sec.withdrawsPresident Donald Trump’s nominee for Navy secretary, investor Philip Bilden, is expected to withdraw from consideration,...

Tom Perez wins DNC chairmanship

Tom PerezThe Democratic National Committee elected Tom Perez as its new chairman Saturday, voting for the former...

Two progressive activists were behind Trump Russian flag prank at CPAC

PNAC members pranked into waving Russian flagA progressive group called Americans Take Action was reportedly behind the Russian flags emblazoned with the...

Law Professors File Ethics Complaint Against Kellyanne Conway Over ‘Lies’

Kellyanne ConwayPresident Donald Trump’s counselor Kellyanne Conway should face sanctions for “professional misconduct,” which include repeated lies...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!