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.”
more
READ MORE: The Progressive Populist

Last update : 28-12-2008 18:41
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