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Cheney off the hook, but Halliburton pays for alleged bribes
The former vice president isn't part of any lawsuits anymore, but Halliburton is paying for acts when Cheney was their CEO.
Thu, Dec 23, 2010 at 01:16 PM
CHENEY DEAL: The former vice president is not going to have to deal with allegations about Nigerian bribes anymore, but his old company is going to have to write a large check. (Photo: LM Otero/AP)
Once again, money has changed hands between Halliburton and Nigeria, but this time it’s all above board. Politico reports
that $35 million is heading from Halliburton to Nigeria in response to "allegations of improper payments to government officials in Nigeria."
The word "allegations," in this case refers to Halliburton pleading guilty a year ago to claims that it paid more than $100 million to Nigerian government officials in connection with a $6 billion liquefied natural gas contract. To settle that, Halliburton and the United States government reached a $579 million settlement.
Now, Halliburton will be sending another $32.5 million (plus a couple million more for legal fees) to Nigeria to settle this situation once and for all. Former Vice President Dick Cheney had been one of nine individuals charged by the Nigerian government with being involved in this massive bribery case. Cheney was the CEO of Halliburton during the five-year period when these bribes supposedly occurred.
The Halliburton payment comes in exchange for all charges against individuals and the company being dropped. Cheney has dodged another legal bullet. (Insert hunting accident joke here.)
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