Wednesday, December 22, 2010
Halliburton has agreed to pay Nigeria $35 million to settle bribery allegations against former Vice President Dick Cheney, the company announced Tuesday.
Cheney, who was Halliburton’s CEO in the 1990s, was charged with conspiracy and “distribution of gratification to public officials” in a long-running case involving the company and its Kellogg, Brown and Root subsidiary. Nigerian government officials accused the company of paying bribes to secure $6 billion worth of contracts for a liquefied natural gas project in the Niger Delta.
Halliburton plead guilty to foreign bribery charges in the United States last year and paid a $402 million criminal fine, according to the U.S. Justice Department. KBR and Halliburton also paid $177 million to settle civil complaints related to the bribery, the Justice Department said.