[lbo-talk] AFP: Halliburton admits it bribed Nigerian govt.

Brian O. Sheppard bsheppard at bari.iww.org
Sat May 10 23:24:36 PDT 2003


http://story.news.yahoo.com/news?tmpl=story&cid=1503&e=3&u=/afp/us_halliburton_ethics

Halliburton admits it paid Nigerian bribe Sat May 10, 3:38 AM ET

WASHINGTON (AFP) - Oil services giant Halliburton, already under fire over accusations that its White house ties helped win a major Iraqi oil contract, has admitted that a subsidiary paid a multi-million dollar bribe to a Nigerian tax official.

[...]

"The payments were made to obtain favorable tax treatment and clearly violated our code of business conduct and our internal control procedures," Halliburton said.

[More at URL]



More information about the lbo-talk mailing list