May 10, 2003 in Politics

Halliburton admits it paid Nigerian bribe

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I wonder what Vice President Cheney has to say about story below. As the article points out, the bribe payments were made in 2001 and 2002. Vice President Cheney led the company as chief executive from 1995 until August 2000. Even still, this doesn’t look good. It just makes me more suspicious about the recent no bid contract awarded to Halliburton to manage all the operations of the Iraqi oil fields.

Halliburton admits it paid Nigerian bribe
Fri May 9, 1:51 PM ET
(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. Halliburton, once run by Vice President Richard Cheney, revealed the illicit payments, worth 2.4 million dollars, in a filing Thursday with the Securities and Exchange Commission (SEC). “The payments were made to obtain favorable tax treatment and clearly violated our code of business conduct and our internal control procedures,” Halliburton said.

One Comment

  1. May 12, 2003 at 11:23 am


    As if we need more proof of the sketchiness of our administration….

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