Nigeria is in negotiations with Halliburton to cut a $500M settlement that will keep former CEO, Dick Cheney out of prison for bribery charges. If Nigerian officials are negotiating a settlement to avoid prosecution it seems as though Halliburton would be paying just one more bribe.
Sources inside Nigeria’s Economic and Financial Crimes Commission told GlobalPost this week that a settlement keeping the charges against Cheney out of court could cost as much as $500 million.
Nigeria filed charges against Cheney this week in an investigation of alleged bribery estimated at $180 million. Prosecutors named both Halliburton and KBR in the charges, as well as three European oil and engineering companies — Technip SA, EniSpa, and Saipem Construction.
