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Halliburton says business it took over weighed bribe
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Contributor | RP |
Last Edited | RP Sep 02, 2004 05:32pm |
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Category | General |
Media | Newspaper - Houston Chronicle |
News Date | Thursday, September 2, 2004 06:00:00 AM UTC0:0 |
Description | Hallibuton Co. has acknowledged some company officials discussed a scheme to bribe Nigerian leaders to win a contract to build a huge natural gas plant.
An internal Halliburton probe has uncovered notes written between 1993 and 1998 that indicate that the company and its three partners in the TSKJ consortium considered a plan to make illegal payments to help land a deal to help build the Bonny Island project, a huge, $5.5 billion natural gas liquefication plant.
Halliburton acquired its stake in the Bonny Island project in 1998, when it purchased Dallas-based Dresser Industries. Dresser's M.W. Kellogg, based in Houston, was its partner in the consortium.
The bulk -- although not all -- of the questionable documents stem from the period prior to the acquisition. That means at least some of the discussions continued at a time when Vice President Dick Cheney was serving as Halliburton's chief executive officer. |
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