Earlier this week, Nigeria charged former Vice President Dick Cheney with doling over $180 million in bribes to government officials, but a new GlobalPost report suggest that it could take more than twice that much to keep him out of prison. On Wednesday, the country’s anti-corruption agency accused Cheney of making the payments while he was head of Halliburton’s engineering subsidiary, KBR, in the years prior to 2007. KBR, which is no longer a part of Halliburton, owned up to the bribes, and reportedly agreed to pay $597 million in fines. But Cheney himself is still on the hook. Femi Babafemi, the spokesman for Nigeria’s Economic and Financial Crimes Commission, tells GlobalPost that Halliburton is negotiating a plea deal with Nigeria that could involve a $500 million settlement. (Raw Story points out that “it’s not clear from the GlobalPost report if the $500 million figure refers to the amount Halliburton will have to pay or whether that amount would cover all the companies that have been charged.”) If convicted, Cheney would face three years in Nigerian prison.
LAGOS (Codewit) – Crates of weapons including rocket launchers and mortars seized in Nigeria this week were loaded in Iran by a local trader, the company which shipped the containers said on Saturday. French-based shipping group CMA CGM said it had been the victim of a false cargo declaration and that the weapons and ammunitions […]
(Codewit.com) SARURDAY 5th of November 2010 marked the first information sharing session of Finnish companies with the team of Nigerians in Finland. This Initiative group called Business Lab Nigerian Team organized a business conference that attracted the attention of many Nigerian and Nigerian leaders in Scandinavia and Finnish Directors of different companies in Finland. The […]
We got this on the facebook wall of One of our fan, we could not believe so we decided to share it here and seek your Opinion about it. could Patience Johnathan have said all this????????? 1. My husband and Sambo is a good people. 2. The President was once a child and […]