Halliburton considered bribing Nigerian officials to win contracts
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NEW YORK, September 3 (New Ratings) - An internal investigation into Halliburton Co (HAL.NYS) reportedly revealed that the company had considered bribing Nigerian officials to win contracts a decade back.
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The U.S. Army plans within months to  break up Halliburton Co.'s contract to provide support services  for U.S. troops in Iraq -- valued at up to $13 billion -- and  open the work to competitive bids, The Wall Street Journal said  on Tuesday, citing an internal Army memorandum.
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Halliburton Co. , 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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Halliburton Co. said it may sell its KBR unit, which is being investigated for possible overcharges on a US Army contract in Iraq and alleged bribery at a Nigerian venture, to boost its share price.
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The Army Corps of Engineers' top  contracting official has demanded an investigation into  contracts given to Halliburton, citing improper action that  favored Vice President Dick Cheney's old company.
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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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SAN FRANCISCO (CBS.MW) -- The FBI has expanded its investigation of Halliburton&#39;s work in Iraq to determine if the Pentagon improperly awarded no-bid contracts, according to reports published Thursday.
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Halliburton Co. may decide not to  submit new bids for the logistics contracts it holds in Iraq if  the U.S. military divides up the work too deeply, Chief  Executive Officer Dave Lesar said on Tuesday.
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The FBI has expanded an investigation into allegations of contract irregularities by Halliburton Co. subsidiary Kellogg Brown & Root Inc. in Iraq and Kuwait.
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Halliburton Co. , the world&#39;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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Halliburton Co. said yesterday that it may sell its Kellogg Brown &#38; Root subsidiary, the largest government contractor in Iraq. Even though revenue soared from the unit, profit lagged and the dollars brought controversy over whether the company once run by Dick Cheney overcharged the government and mishandled some of the services it provides.
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The F.B.I. is investigating whether the Army's handling of a large Iraq contract with the Halliburton Company violated procurement rules.
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The U.S. ambassador to Kuwait and  other senior U.S. officials put pressure on Halliburton to  award a deal to a Kuwaiti company suspected of overcharging to  bring fuel into Iraq, according to State Department documents  released on Wednesday.
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The Army Corps of Engineers' top  contracting official has demanded an investigation into  contracts given to Halliburton, citing "improper action" that  favored Vice President Dick Cheney's old company.
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The FBI has begun investigating whether the Pentagon improperly awarded no-bid contracts to Halliburton Co., seeking an interview with a top Army contracting officer and collecting documents from government offices.
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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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Nigeria places an embargo on government contracts with a subsidiary of US oil services firm Halliburton, accusing it of negligence in security matters.