Halliburton settles Nigeria bribery claims for $25 million

is.gd...

Oilfield contractor Halliburton has agreed to pay Nigeria $35 million to settle bribery allegations that led to charges against former Vice President Dick Cheney and other executives, the company announced Tuesday. Cheney, who was Halliburton's CEO in the 1990s, and nine others were charged with conspiracy and "distribution of gratification to public officials" in a long-running case involving the company and its Kellogg, Brown and Root subsidiary. Nigerian officials accused the company of paying bribes to secure $6 billion worth of contracts for a liquefied natural gas project in the Niger Delta.

"Pursuant to this agreement, all lawsuits and charges against KBR and Halliburton corporate entities and associated persons have been withdrawn," the company announced in a statement Tuesday evening. Nigerian officials agreed "not to bring any further criminal charges or civil claims against those entities or persons" in return, the company said. The $35 million includes $2.5 million to pay legal fees and other expenses for the Nigerian government, Halliburton said.

Isn't it ironic that the Nigerian government is accepting a "settlement" in exchange to drop charges of bribing them? :

So they get to pay a fee (bribe) to settle a bribery case. Where is the justice?

reply to post by Blazer


Wow, that's alot less than what the Nigerian leaders were asking.....Cheny must have had the goods on those leaders to settle for a whole lot less.

Originally posted by Namaste1001
Where is the justice?

Can you really say that with a straight face when speaking of Nigeria?

reply to post by bluemirage5


Yes, pitiful settlement. They should have had Assange negotiating for them.

reply to post by GirlGenius


Actually, Halliburton has private investigators looking for dirt on the Nigerian Govt so they would be able to negotiate a much smaller settlement....

In Nigeria, digging up the goodies on Nigerian Govt would'nt be difficult to find.