Halliburton: TSKJ Weighed Bribing Nigeria
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Halliburton says an internal investigation has found that a consortium it later took over had once considered bribing Nigerian officials to win an energy contract.
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Halliburton unit Kellogg Brown and  Root, the U.S. military's biggest contractor in Iraq, could not  account for over a third of the items it handled in Kuwait  under a work order for the U.S. occupation authority in Iraq,  said an audit released on Thursday.
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THE INVESTIGATION: The FBI is looking into whether a subsidiary of Halliburton Co. improperly received lucrative federal government contracts for work in Iraq without competitive bidding.
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An internal Halliburton Co. investigation has uncovered handwritten notes suggesting that former employees considered offering bribes to Nigerian officials a decade ago to secure work in a $5 billion project to build a natural gas liquefaction plant.
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&quot;Payments may have been made to Nigerian officials,&quot; Halliburton says in its quarterly filing with the Securities and Exchange Commission.
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Halliburton Co. , beset by controversy over its work in Iraq, plans to shed its KBR engineering and construction unit if the oilfield services company's share performance does not match its peers, it said on Thursday.
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Halliburton Co. HAL.N, once run by  Vice President Dick Cheney, said an internal probe found  information suggesting that members of a consortium it helps  lead considered bribing Nigerian officials to win business.
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KBR , a former unit of  Halliburton Co. , Dyncorp International Inc.  and  Fluor Corp.  were awarded parts of a U.S. Army contract  with a combined potential value of up to $150 billion to  provide services to the military in the Middle East.
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Halliburton Co. , the world's second-largest oil services company is seeking stakes in emerging Gulf Arab firms to expand its operations in the region, pan Arab daily Asharq al-Awsat reported on Monday.
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The Army will rebid the multibillion-dollar contract under which a Halliburton Co. subsidiary has been providing services to troops around the world after years of complaints over how the deal has worked in Iraq.
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NEW YORK - Oil services group Halliburton said that news of an FBI probe into its Iraq contract reflected &quot;old allegations&quot; revived ahead of the presidential election.
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Various investigations into an alleged $180 million bribery scandal in Nigeria involving a Halliburton Co. subsidiary and other companies have indicated that payments may have been made to Nigerian officials, the company said in a regulatory filing.
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The U.S. ambassador to Kuwait  pressured Halliburton to give a contract in 2003 to a Kuwaiti  company now suspected of overcharging to bring fuel into Iraq,  according to State Department documents released on Wednesday.
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Halliburton Co. has acknowledged officials at MW Kellogg Co. discussed a scheme with their business partners to bribe Nigerian leaders to win a contract to build a huge natural gas plant.
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KBR, the government contracting firm formerly under Halliburton, did not keep accurate records of gasoline distribution, put its employees in living spaces that may be larger than warranted and served meals that appeared to cost $4.5 million more than necessary under a contract to perform work in...
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Halliburton Co., the biggest US contractor in Iraq, is being investigated by the Federal Bureau of Investigation to determine whether the company received special treatment in winning
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Oilfield services firm Halliburton Co. on Friday advised its shareholders to reject a discounted tender offer from a Canadian investment company that is looking to buy up to 3 million Halliburton shares.