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Halliburton Will Pay $559M in Nigerian Bribery Fines

The settlement is the second-largest under the current law

By Clay Dillow,  Newser Staff

Posted Jan 27, 2009 9:24 AM CST

(Newser) – Halliburton will shell out $559 million in fines—the largest federal penalty ever paid by a US company for bribery—to the Justice Department and the SEC to settle claims that its former KBR unit greased the palms of Nigerian officials to help get a...   Read full story »

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5 comments

Halliburton to pay $559 million to finally be rid of KBR
Washington Post

Halliburton's earnings off after settlement with government
MarketWatch

Halliburton breaks US companies', and oil patches, record for bribery settlements
Wall Street Journal

 
Nigeria • bribery • Halliburton • Siemens • KBR • US Foreign Corrupt Practices Act • kickbacks

 
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