Cheney colleague admits bribery in Halliburton oil deals

Sep 04, 2008 10:57


The New York Times

September 4, 2008

By CLIFFORD KRAUSS

HOUSTON - Albert J. Stanley, a former executive with a Halliburton subsidiary, pleaded guilty on Wednesday to charges that he conspired to pay $182 million in bribes to Nigerian officials in return for contracts to build a $6 billion liquefied natural gas complex.

Mr. Stanley, 65, had been chief executive of KBR, Halliburton’s large engineering and construction unit, until December 2003. Halliburton cut off all ties with him in 2004 after he was accused of secretly enriching himself by as much as $5 million in the payment and kickback scheme. KBR was spun off from Halliburton last year.

Some of the payments were made while Vice President Dick Cheney was Halliburton’s chief executive, but neither he nor Halliburton has been accused of being part of the scheme.

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halliburton, bribery, cheney, kbr, crimes, courts

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