Teaching Comparative Government and Politics

Tuesday, December 14, 2010

It's a deal

Nigerian prosecutors have dropped charges against Halliburton and former Vice President Dick Cheney. The company will pay a penalty. Maybe there was more involved than just publicity for the anti-corruption campaign.

Government Drops Charges Against Cheney, Halliburton
THE Federal Government's effort at prosecuting former United States Vice President Richard Bruce 'Dick' Cheney and other officials of Halliburton paid off, following payment of huge sums of money to the coffers of Nigeria, as Nigeria has reportedly agreed to drop charges against Cheney and Halliburton.

The development followed agreement reached between Nigerian officials in the negotiating team and top officials of the United States and Halliburton in a meeting held in London, weekend.

At the meeting, Halliburton agreed to pay about N20 billion as criminal penalty, while promising to liaise with the United States Government to recover the outstanding $I32 million which is currently frozen in Switzerland...

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