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Halliburton Investigations Continue (Margie Burns) PDF Print
 

By Margie Burns, on 22-11-2008 11:16

Views : 86    

Published in : WNT Selected Stories, News


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  Dec. 1 (Progressive Populist) -- Somewhat off the radar screen in recent weeks, the Department of Justice is quietly continuing to investigate major military contractor Halliburton and its spin-off company KBR. Halliburton is the giant oilfield services company where Vice President Dick Cheney was CEO before joining the 2000 Republican ticket with George W. Bush. The investigation has borne fruit. On Sept. 3, in US District Court in Houston, the feds filed a plea agreement with Albert Jackson “Jack” Stanley, the former chairman and CEO of KBR. Stanley pled guilty to bribing Nigerian officials in oil commerce.

  This is a big case. Stanley, who ran KBR when it was a Halliburton subsidiary, is introduced by the nonprofit ProPublica.org blog [see below] thus:

  “In the world of Big Oil, Albert “Jack” Stanley was legendary for winning billion-dollar contracts in third world countries, the Halliburton executive who knew all the secrets of deals in places like Malaysia, Egypt and Yemen.

  “In the wake of his admission in a guilty plea last week that he had resorted to bribes, kickbacks and high-level corruption to secure [oil] deals in Nigeria, however, Stanley now lies at the center of a widening scandal in the oil industry that has implications for corporations and governments across the globe.”

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READ MORE: The Progressive Populist

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Last update : 28-12-2008 18:41

   
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