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Monday, May 15, 2006

Halliburton hides from its Shareholders

From al Jazeera:

Halliburton, the US oil services company which is accused of profiting from US-administered war zones, is under attack from shareholders who say it is trying to hold a secretive annual meeting.

Halliburton, which was once headed by Dick Cheney, the current US vice president, earned a record $2.4 billion last year.

Its annual meeting, previously held in Houston, has regularly drawn protests. This year the meeting will be held in out-of-the-way Duncan, Oklahoma.

Halliburton says it moved its meeting to this company town of 22,500 to honour its southern Oklahoma roots. The company's critics accuse it of running to a prairie outpost to hide.

Maureen Haver, spokeswoman for the Houston Global Awareness Collective and one of 15 protesters arrested at Halliburton's meeting last year, said: "They're relocating to a city where they don't actually have to be accountable to their own shareholders.

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