Posted on Fri, Jun. 18, 2004
Halliburton fires two consultants
Associated Press
HOUSTON - Halliburton Co. has fired a two consultants - one of whom was also the retired chairman - of a subsidiary under investigation for alleged involvement in paying $180 million in bribes to get a natural gas project contract in Nigeria.
The Houston-based oil services conglomerate announced Friday it is "terminating all relationships" with consultant A. Jack Stanley, who retired in December 2003 as chairman of subsidiary KBR, formerly known as Kellogg, Brown & Root. The company also said another consultant and former employee of M.W. Kellogg, Ltd., a joint venture in which KBR has a 55 percent interest, has been fired. The individual was not identified.
Halliburton terminated the pair because of violations of codes of business conduct "that, to Halliburton's knowledge, involve the receipt by these persons of improper personal benefits," the company said without elaboration.
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"It is important to the company that clients, suppliers and host countries know that Halliburton's code of business conduct is expected to be followed in every country in which the company operates," said Dave Lesar, Halliburton's chairman, president and chief executive.
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