First Kuwaiti General Trading & Contracting is another example of the apparent cronyism that has gone into the process of awarding Iraq war contracts. It now seems that the company has succeeded on the strength of its ties to Bush Administration officials than its business merits. Rival companies have been extremely vocal in their displeasure at First Kuwaiti being awarded $500 million to build a United States Embassy in Baghdad.
“First Kuwaiti was not the lowest bidder”, complained Franco senior vice-president Gilles Kacha.