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Halliburton, KBR Plead Guilty to Cheney-Era Bribery Charges

090216_halliburton.jpgHalliburton and its former subsidiary, Kellogg Brown & Root (KBR), pleaded guilty Wednesday to five-counts of violating federal bribery laws and will pay the federal government $579 million to settle a half decade-long criminal investigation into claims the company paid off intermediaries of the notoriously corrupt Nigerian dictator Sani Abacha and some of his subordinates to win a lucrative construction contract for a natural gas liquefaction plant while former Vice President Dick Cheney headed the corporation, the Justice Department announced. Image source: pubrecord.org. > Continue.

News selected by Covalence | Country: Global | Company: Halliburton | Source: The Public Record

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