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2006.08.10

Cheney linked to Halliburton bribery scandal

Picphoto081006cheney The UK's Serious Fraud Office is investigating a plot by Halliburton, which occurred last decade, to pay $170 million in bribe money in order to get a contract at a Nigerian gas plant.

The Financial Times has more:

The Nigerian bribery allegations arose three years ago, when a formerexecutive of the consortium working on the gas plant told a Frenchjudge the consortium had operated an offshore slush fund to wincontracts since the mid-1990s.

The consortium is quarter-owned by KBR, through its 55 per cent-controlled British joint venture, MW Kellogg.

KBR is a subsidiary of Halliburton.  As we all know, current Vice President Dick Cheney was the CEO of Halliburton during the mid-90s.  MoneyWeb's columnist Barry Sergeant notes that Cheney had to have been involved:

The most substantial political dimension of the case, so far, is thatit relates in part to the period between 1995 and 2000 when Halliburtonwas headed by Dick Cheney, incumbent US vice-president. Halliburtonbecame involved in the Nigerian consortium through its 1998 takeover ofDresser Industries, after the first gas plant building contract wassigned but before later project expansion deals were agreed.

How could Cheney not have been aware about what was going on?  Lucky for us, he took his corrupt  corporate ways to Washington in January of 2001, and we see what a father-like influence he has been on President Bush.
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Other sites blogging about this issue: Crimes and Corruptions of the New World, Thought-Criminal, The Daily Sandwich, Mind Advocate, 10Q Detective.

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