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June 11, 2004

Haliburton watch

According to today's NYT, via AP:

The SEC formally investigating charges bribery allegations against Kellogg Brown and Root, a Halliburton subsidiary. Most of these payouts allegedly occured while Dick Cheney headed Haliburton.

The SEC is investigating allegations that KBR was involved in paying $180 million in bribes to get a natural gas project contract in Nigeria.

The Justice Department is also reviewing documents voluntarily provided by Halliburton.

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The New York Times > Halliburton Severs Link With 2 Over Nigeria Inquiry Halliburton's Nigerian scandal widened from accusations of bribery to accusations of embezzlement by senior executives. Haliburton recently dismissed two of its most senior execut... [Read More]

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