Halliburton Seeks Distance Between Itself and Inquiry | NYT

[Ediacara]

Halliburton Seeks Distance Between Itself and Inquiry
By SIMON ROMERO

Published: June 14, 2004

OUSTON, June 13 - Halliburton, the big oil-services company, sought to distance itself on Sunday from a report that investigators in France were close to completing an inquiry into payments on a project in Nigeria that might have enriched a former executive.

Investigators in the United States, France and Nigeria have been examining accusations that KBR - the Halliburton engineering and construction unit that was formerly called Kellogg, Brown & Root - was involved in making $180 million in illegal payments in the 1990's to win a contract to build a natural gas complex in Nigeria.

Halliburton disclosed on Friday that the Securities and Exchange Commission had begun a formal investigation into the payments.

French investigators are reported to have uncovered evidence showing that about $5 million of payments related to the Nigeria project were deposited into a Swiss bank account controlled by Albert J. Stanley, the former chairman of KBR.

More at the New York Times

[CharlesGroce]

1. well

good luck Halliburton! On your campaign of ignorance against the American people with the compliance of MOST of the media.

[RUMMYisFROSTED]

2. Halliburton is a conspiracy theory.

:tinfoilhat:


Or so they'd have you believe.

[acmavm]

3. Scatch the surface of any really dirty deal in the past 20 years and

you're most likely to find schemers that support bush*. But the record has to go to Halliburton, both in the number of sleazy deals, and the fact that there was no limit on how low they would go to obtain their ends. In a truly law-abiding and civilized society these guy would have been imprisoned years ago, and that includes our illustrious vice president.

edit: left out a word.

[struggle4progress]

4. kick

:kick:

[Tellurian]

5. Foxes in the Henhouse, lawyering UP!

"Halliburton has enlisted Baker Botts, the prominent Houston law firm, to conduct an investigation of the payments related to the Nigeria project."

That wouldn't be Jim Baker would it?

Yep, big article here: "President's Partner"

http://www.commondreams.org/views03/1209-13.htm

And the reason for his recent resignation as UN Chief negotiator
for the Western Sahara.

http://www.afrol.com/articles/13336

[TahitiNut]

6. Under the FCPA, Cheney would be indictable.

No 'plausible deniability' for paying bribes ... er... "illegal payments."