http://latimesblogs.latimes.com/washington/2010/12/dick-cheney-nigeria.htmlDick Cheney and Halliburton avoid bribery charges in Nigeria ... by forking over $250 million
Former Vice President Dick Cheney got an early Christmas gift, courtesy of the Nigerian government.
Seems he and his former company, Halliburton, found themselves in some hot water when they were accused of "improper payments to government officials in Nigeria in connection with the construction and subsequent expansion by a joint venture known as TSKJ of a natural gas liquefaction project on Bonny Island, Nigeria, in which Halliburton's former subsidiary KBR Inc. had an approximate 25 percent interest," a Halliburton news release said.
The natural gas project contract in question was worth $6 billion, Femi Babafemi, a spokesman for the Economic and Financial Crimes Commission, told the Associated Press.
Last year Halliburton and KBR pleaded guilty in a U.S. court of paying off the Nigerian officials more than $180 million in bribes when Cheney was chief executive of Haliburton and were fined a record $579 million under the Foreign Corrupt Practices act, and a top KBR executive, Albert "Jack" Stanley was sentenced to seven years in prison.
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http://234next.com/csp/cms/sites/Next/Opinion/5657312-148/on_watch_soft_on_corruption_.cspSoft on Corruption
Three weeks ago in this column I wrote about the Economic and Financial Crimes Commission (EFCC) raid on the offices of Halliburton in Lagos and the arrest of company officials. The arrests were made in relation to the alleged payment by Kellogg Brown & Root Inc., (KBR), a Halliburton subsidiary until 2007, of $180 million in bribes to senior Nigerian government officials between 1994 and 2004 in an effort to secure $6 billion in contracts for the Bonny Island liquefied natural gas (LNG) project.
In the U.S. KBR and Halliburton pleaded guilty to violating the Foreign Corrupt Practices Act in relation to the bribe paying and agreed to pay $177 million to settle charges from the US Securities and Exchange Commission and a further $402 million to settle criminal charges brought by the US Justice Department.
Former U.S. Vice-President Dick Cheney was Chairman of Halliburton from 1995 to 2000, which put him at the helm when the corruption was in full swing.
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http://news.google.com/news/search?aq=f&pz=1&cf=all&ned=us&hl=en&q=dick+cheneyLots of articles (120) but not one of the M$Greedia hacks mentioned this on their Sunday shows.
Some guys have all the luck.
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