Bill Delahunt: “Well, we do know this: we do know that Halliburton, according to a CBS report, established a subsidiary with an office…”

“Well, we do know this: we do know that Halliburton, according to a CBS report, established a subsidiary with an office in the Cayman Islands, and when an investigative team from CBS went to the office in the Cayman Islands, do my colleagues know what they found? They found a small office without a single person in the office. That obviously caused more interest. Further investigation revealed that this particular subsidiary of Halliburton in fact had an office in Dubai in the United Arab Emirates. That particular subsidiary was dealing with another member of the so- called Axis of Evil club: Iran. They were supplying the services and the products necessary for Iran to upgrade its oil industry. So the conflict, if you will, at least as I see it, and some would suggest that it is illegal, that it is a subterfuge that there are on the books of the United States Criminal Code laws that would prohibit American corporations such as Halliburton from dealing with rogue nations. My memory is that the title of the particular legislative provisions is called Trading With the Enemy Act.”