Regulatory-Arbitrage

Halliburton Moves CEO and Corporate Headquarters to Dubai for Tax Advantages and Distance from Iraq War Scandals, Weeks Before Completing KBR Spin-Off

2007-03-12 00:00:00 +0000 UTC | Importance: 8/10

Halliburton announced on March 12, 2007, that it was relocating its corporate headquarters and CEO David Lesar from Houston, Texas, to Dubai in the United Arab Emirates, citing business opportunities in the Middle East where 38% of its $13 billion in oil field services revenue originated and 16,000 …

Halliburton David Lesar Dick Cheney Patrick Leahy tax-avoidance corporate-impunity accountability-crisis conflicts-of-interest regulatory-arbitrage

Halliburton Opens Tehran Office While Cheney Still CEO, Completing $40 Million Annual Iran Business Through Cayman Islands Subsidiary Designed to Circumvent U.S. Sanctions

2000-02-01 00:00:00 +0000 UTC | Importance: 9/10

In February 2000, Halliburton’s offshore subsidiary Halliburton Products and Services opened an office in Tehran, Iran, while Dick Cheney remained CEO of the parent company, completing a systematic sanctions evasion structure that generated approximately $40 million annually in oil field …

Dick Cheney Halliburton Halliburton Products and Services Bill Clinton sanctions-evasion conflicts-of-interest regulatory-arbitrage corporate-impunity foreign-influence