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Wednesday, December 15, 2010

Halliburton Offers Nigeria $250 Million In Exchange For Dropping Charges Against Cheney, Company

Nigerian authorities said Tuesday they may drop bribery and corruption charges against Halliburton and former Vice President Dick Cheney over bribes company executives paid to government officials during Cheney's tenure  as head of the oil services firm in exchange for securing contracts to build a liquefied natural gas facility in the country.

Last weekend, Nigeria's anti-corruption unit, the Economic and Financial Crimes Commission (EFCC), met with representatives for Halliburton and Cheney in London in an attempt to hammer out a deal. Halliburton reportedly offered to pay $250 million in fines to settle the case.

Femi Babafemi, an EFCC spokesman, said the offer includes the "repatriation of $130 million trapped in Switzerland."

"It will need to be ratified by the government and expect a decision by the end of the week," Babafemi added.

A Halliburton spokesperson did not return a call for comment. But spokeswoman Tara Mullee said last week, "It is still our position that Halliburton was not involved in the project to which this bribery investigation relates and there is no legal basis for charges."

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4 comments:

Anonymous said...

Of course money pays for all sins!

Anonymous said...

Nigeria govt officials should take the money. Otherwise America will bomb them into the 18th century.

Anonymous said...

Halliburton has been demonized by the left for so long they forget Clinton used their services more than any other president !

Anonymous said...

So they drop bribery charges after he bribes them with $250 million?
lmao. Did I read that right?