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09-02-2004, 08:03 PM
HOUSTON (Reuters) - Halliburton Co., the world's No. 2 oilfield services company, said an internal probe found information suggesting that members of a consortium it helps lead considered bribing Nigerian officials to win business a decade ago.
Halliburton, which is also fighting accusations it overcharged on contracts in Iraq and Afghanistan and got some of them through political pull, said there was no indication Vice President Dick Cheney, who ran the company from 1995-2000, knew of improper activity.
Halliburton said it turned over the new information to the U.S. Department of Justice, the U.S. Securities and Exchange Commission and a French magistrate, and is turning over evidence to Nigerian officials.
Houston-based Halliburton said in a statement late on Wednesday the probe concerns the multibillion-dollar TSKJ Bonny Island liquefied natural gas plant project.
Halliburton said the talk of bribes took place at least 10 years ago inside the consortium that included a unit of Dresser Industries Inc., which was purchased by Halliburton in 1998.
Link (http://www.reuters.com/newsArticle.jhtml?type=domesticNews&storyID=6139079)
Halliburton, which is also fighting accusations it overcharged on contracts in Iraq and Afghanistan and got some of them through political pull, said there was no indication Vice President Dick Cheney, who ran the company from 1995-2000, knew of improper activity.
Halliburton said it turned over the new information to the U.S. Department of Justice, the U.S. Securities and Exchange Commission and a French magistrate, and is turning over evidence to Nigerian officials.
Houston-based Halliburton said in a statement late on Wednesday the probe concerns the multibillion-dollar TSKJ Bonny Island liquefied natural gas plant project.
Halliburton said the talk of bribes took place at least 10 years ago inside the consortium that included a unit of Dresser Industries Inc., which was purchased by Halliburton in 1998.
Link (http://www.reuters.com/newsArticle.jhtml?type=domesticNews&storyID=6139079)