Halliburton Bargaining With Nigeria to Keep Dick Cheney out of Prison, Sources Say
December 10, 2010
Nigeria (ChattahBox World News)—Oil contractor Halliburton may be paying up to $500 million to settle bribery charges that could keep the company’s former CEO Dick Cheney out of prison, rawstory.com reports. Nigerian officials have charged the former U.S. vice president with alleged bribery estimated at $180 billion.
Halliburton subsidiary KBR is charged with paying bribes to win a $6 billion contract for a Nigerian natural gas plant. Other companies have been charged with similar briberies in the case as well. KBR pleaded guilty to the bribery in an American court in 2009, and Halliburton now faces the charges in Nigeria, rawstory.com notes.
The fact that Halliburton appears to be attempting an out-of-court settlement puzzles some analysts, who note that criminal courts don’t normally allow monetary settlements, leading some to believe that “Halliburton and the other accused companies are attempting to bribe their way out of a bribery prosecution,” rawstory.com reports.