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Saturday, November 27, 2010

Nigeria detains 12 in Halliburton bribery case

Houston-based engineering firm KBR pleaded guilty last year to U.S. charges that it paid $180 million in bribes between 1994 and 2004 to Nigerian officials to secure $6 billion in contracts for the Bonny Island liquefied natural gas (LNG) project.

KBR and Halliburton reached a $579 million settlement in the United States but Nigeria, France and Switzerland have conducted their own investigations into the case.

KBR split from Halliburton in 2007. (So they could fragment and bury their corruption?

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