Here we go.. Some of Halliburton investigations...
· Nigeria bribery probe: The U.S. Department of Justice is conducting a criminal investigation into an alleged $180 million bribe paid by Halliburton and three other companies to the government of Nigeria. The alleged bribe was paid in exchange for awarding a contract to the companies to build a $4 billion natural gas plant in Nigeria's southern delta region. The bribes were paid during the time when Dick Cheney was CEO of Halliburton. The U.S. Securities and Exchange Commission opened its own formal investigation on June 11, 2004. Click here for a chronology of events in the bribery case.
· Nigeria bribery probe: The French government is conducting an investigation of the same Nigeria bribery allegations as the U.S. Justice Department. France is also investigating a former Halliburton executive for his role in the scheme. Investigators said $5 million of the bribes intended for Nigeria was deposited into the Swiss bank account of former KBR chairman, Jack Stanley, who retired from the company on December 31, 2003.
· The U.S. Securities and Exchange Commission is investigating a second bribery case involving Nigeria. Halliburton admitted that its employees paid a $2.4 million bribe to a government official of Nigeria for the purpose of receiving favorable tax treatment.
· The U.S. Federal Bureau of Investigation (FBI) is investigating allegations that the Army Corp of Engineers illegally favored Halliburton for contracts by excluding competitors from bidding on war-related work. In particular, the FBI is investigating the Army's $7 billion firefighting contract for Iraqi oil wells, which was awarded to Halliburton without competition in March of 2003. An Army whistleblower told the FBI that the line between government officials and Halliburton had become so blurred that a perception of conflict of interest existed. The conduct appears to have violated specific regulations and calls into question the independence of the contracting process.
· The Pentagon admitted that a $7 billion no-bid contract to extinguish oil fires in Iraq was awarded to Halliburton after a "political appointee" from the Bush administration
More from Halliburton watch.
7 comments:
If you have a lot of time to read, there is a lot of it here, too much. If you have even more time to read the Book, War and Peace or the Sword and Shield should be on your list.
Wow, thank you, Bil for the info and the head start on all this stuff. So, the new order would stop all theses cases from going to court or just new ones?
China executed its head of their counterpart to the Food & Drug Administration for taking bribes that then put people in danger. I wonder how many people would be left if the U.S. executed people for taking or paying bribes.
The brother of a buddy was offered $250,000 a year + all living expenses to work in Iraq for one of the subsidaries of Halliburton. That was back near the end of 2003 before those contractors were getting kidnapped. I wonder what the going rate is now.
"· The U.S. Securities and Exchange Commission is investigating a second bribery case involving Nigeria. Halliburton admitted that its employees paid a $2.4 million bribe to a government official of Nigeria for the purpose of receiving favorable tax treatment."
A friend of mine says this is called lobbying here in the U.S.
That's kinda rings true in a way...
"So, the new order would stop all theses cases from going to court or just new ones?"
Jan,
Bush wants to stop all current, upcoming, and future lawsuits. That is why Halliburton has so many current and upcoming lawsuits pending.
Lobbying should be illegal, too.
All of it.
"Lobbying should be illegal, too."
Yes, but to a certain extent. Bush has manipulate the law to allow the people who are lobbyists to not only profit for themselves but to help to benefit the company and the White House.
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