Cheney's KBR Ceo Guilty of Nigerian B...

Cheney's KBR Ceo Guilty of Nigerian Bribery: 30 Months Sentence! See timeline, Cheney's in deep

There are 1 comment on the Daily Kos story from Feb 25, 2012, titled Cheney's KBR Ceo Guilty of Nigerian Bribery: 30 Months Sentence! See timeline, Cheney's in deep. In it, Daily Kos reports that:

Three cheers to the Department of Justice. But, really, only thirty months in jail? The bribe Nigeria scheme ran from 1994 - 2004 and, yes, KBR will pay over $400 million in fines.

Join the discussion below, or Read more at Daily Kos.

Dwight Baker

Eagle Pass, TX

#1 Feb 26, 2012
Vice President Dick Cheney, who at one time led Halliburton was in on the bribery scheme.
By Dwight Baker
[email protected]
February 26, 2012

ARTICLE
Ex-KBR chief gets 30 months in prison for bribery
http://www.kswo.com/story/16998586/kbr-ex-ceo...

By MICHAEL GRACZYK
Associated Press
EXCERPT
HOUSTON (AP)- After years of sentencing delays, a former KBR Inc. chief executive received two and a half years in prison Thursday for his role in a scheme to bribe Nigerian government officials in return for $6 billion in engineering and construction contracts.
Stanley pleaded guilty in 2008 to conspiring in the decade-long scheme related to the company's natural gas operations in Nigeria from 1995 to 2004. Stanley was KBR's chief executive until 2001 and chairman until June 2004.
He also pleaded guilty to a separate count of conspiring to defraud KBR and other companies, admitting to improperly receiving kickbacks of $10.8 million from a consultant hired by KBR at his behest. He's already repaid $9.25 million of that and the restitution ordered Thursday is intended to cover the remaining $1.55 million.
LAST
In December 2010, Nigeria's anti-corruption agency charged current and former KBR and Halliburton executives - including former Vice President Dick Cheney, who at one time led Halliburton - in the bribery scheme. But the charges were dropped a few weeks later after Halliburton agreed to pay a $35 million settlement.
MY TAKE
The rule of law does not exist for the super rich. They pay and run away. What can we do learn more then express our voice of dissent?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Halliburton Discussions

Title Updated Last By Comments
News Halliburton pleads guilty to destroying Gulf sp... (Jul '13) Aug 24 Swedenforever 32
Rolex 30 year gift. Aug 12 Eric 3
News Cheney's Halliburton Made $39.5 Billion on Iraq... (Mar '13) Jun '15 swedenforever 48
UPDATE 1-Nigerian oil union shuts down Hallibur... May '15 xxx 1
News Halliburton Profit Declines Less Than Estimated (Jul '09) May '15 swedenforever 23
News Fracking Used To Inject Nuclear Waste Undergrou... Mar '15 BDV 2
News Oil Below $60 Tests U.S. Drive for Energy Indep... (Jan '15) Feb '15 going down 4
More from around the web