Halliburton facing Nigerian graft probe

Nigeria is probing allegations that the US oil giant Halliburton paid a $180 million bribe to secure a natural gas contract.

    The US oil giant is accused of paying a huge bribe

    The alleged bribe is said to have been paid in the late 1990s when Halliburton subsidiary Kellogg, Brown and Root was part of an international consortium building a $4 billion gas plant in Nigeria.

    "We are very serious about corruption now. The idea is to make bribe giving and bribe taking unprofitable, we want to stamp this out," President Olusegun Obasanjo's spokeswoman Remi Oyo said.

    The probe could embarrass US Vice-President, Dick Cheney, who headed Halliburton from 1995 until his election.

    US Justice Department on Wednesday confirmed that they had opened their own probe into the alleged bribe.

    Anti-graft

    Oyo said the case had been passed on to Nigeria's newly empowered anti-graft body, the Economic and Financial Crimes Commission (EFCC).

    Though Nigeria has had little success in curbing endemic corruption, the EFCC in recent months has laid charges against a series of high-profile officials.

    Last month five officials, including three former ministers, went on trial charged with accepting kickbacks from the French electronics giant SAGEM for a contract to supply ID cards.

    And on Friday, Obasanjo sacked two former defence officials accused of embezzling more than $800,000 dollars and handed their case to EFCC.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Double standards: 'Why aren't we all with Somalia?'

    Double standards: 'Why aren't we all with Somalia?'

    More than 300 people died in Somalia but some are asking why there was less news coverage and sympathy on social media.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Kobe Steel: A scandal made in Japan

    Kobe Steel: A scandal made in Japan

    Japan's third-largest steelmaker has admitted it faked data on parts used in cars, planes and trains.