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U.S. Justice Department expands KBR bribery investigation
5 Aug. 2004

WASHINGTON, Aug. 5 (HalliburtonWatch.org) -- The U.S. Justice Department is investigating whether Halliburton's retired KBR chief, A. Jack Stanley, received improper payments from a scheme to bribe officials of the Federal Government of Nigeria. But the investigation has been expanded to determine whether Stanley received improper payments involved in bribing officials of other countries as well, the Washington Post reported. Halliburton's quarterly report released this week said, "We understand that the Department of Justice has expanded its investigation to include whether Mr. Stanley may have received payments in connection with bidding practices on certain foreign projects." Spokespeople for Halliburton and KBR would not comment to the Post on whether the statement means KBR is being investigated for alleged bribes in countries other than Nigeria.

The Securities and Exchange Commission (SEC) is also conducting an investigation of KBR's involvement in the Nigeria bribery allegations, as is the French government. As part of its investigation, the SEC issued a subpoena to Stanley in June to determine whether he received bribery payments in connection with bidding on a natural gas liquefaction plant on Nigeria's Bonny Island. Stanley joined KBR when the company acquired Dresser Industries Inc. in 1998 and Dresser's subsidiary M.W. Kellogg Co. was merged with Halliburton's Brown and Root.

More Information:

SEC opens formal investigation of Halliburton bribery scandal

HalliburtonWatch.org: Bribing Nigeria

Bribery investigation could lead to indictment of Cheney

Halliburton terminates relationship with former KBR chief accused in bribery scheme

France investigates former Halliburton executive in bribery probe