Nigeria may strike deal in Halliburton, Cheney case

Tue Dec 14, 2010 10:41am GMT
 

The EFCC last week charged Halliburton Chief Executive David Lesar, Cheney, and two other executives. It also filed charges against Halliburton as a company, which was headed by Cheney during the 1990s, and four associated businesses.

Cheney was U.S. vice president from 2001 to 2009.

Halliburton split from KBR in 2007. It has said that its current operations in Nigeria -- raided by the EFCC last month -- were not involved in the Bonny project and that there is no legal basis for the charges.

Those charged in Nigeria include KBR Chief Executive Officer William Utt and former KBR CEO Albert "Jack" Stanley, who worked under Cheney when he headed Halliburton and pleaded guilty in 2008 to U.S. charges related to the case.

KBR said Utt had only joined the firm in February 2006 and that the rest of its executive team was appointed thereafter. It has accused Nigeria of "wildly and wrongly asserting blame".

The TSKJ consortium which built the Bonny plant was also charged by the EFCC.

As well as KBR, the consortium included France's Technip SA , Italy's Snamprogetti -- a unit of Italian oilfield services company Saipem, whose parent company is Eni -- and Japan's JGC Corp.. (Editing by Nick Tattersall and Giles Elgood)

 
Powered by Reuters AlertNet. AlertNet provides news, images and insight from the world's disasters and conflicts and is brought to you by Reuters Foundation.