Showing posts with label Dick Cheney. Show all posts
Showing posts with label Dick Cheney. Show all posts

Thursday, 16 December 2010

Nigeria: The EFCC drops charges against Cheney


Nigeria's Economic and Financial Crimes Commission (EFCC) has dropped bribery charges against, former US vice president and CEO of Halliburton, Dick Cheney after Halliburton agreed to pay up to $250 million in fines. A spokesman for the anti corruption agency Femi Babafemi said, "There was a plea bargain on the part of the company to pay $250m as fines in lieu of prosecution."

The EFCC met with Dick Cheney's representatives and Halliburton officials in London last week, after filing 16 count charges against Cheney relating to the construction of a liquefied natural gas plant in Niger Delta. Halliburton and four of its subsidies were also charged with allegedly bribing Nigerian officials to secure contracts.

Last year, Halliburton and one of its now former subsidiaries, KBR, pleaded guilty, in a US court, to violating the Foreign Corrupt Practices act by paying in excess of $180 million in bribes to Nigerian officials. The companies were fined $579 million, the largest fine ever paid under the act.

Executive Chairman of the EFCC, Farida Mzamber Waziri, said that Nigeria will not eradicate corruption until it starts prosecuting those breaching the law irrespective of who they are.

"It's not about profile. It's about breaching the laws of the land," Waziri said.

Prior to the plea bargain Cheney's lawyer, Terrance O'Donnell, issued a statement on his client's behalf saying the charges were “baseless” and further added that the US investigation "found no suggestion of any impropriety by Dick Cheney in his role of CEO of Halliburton."

Speaking about Cheney's claims of innocence Waziri said, "Dick Cheney was head of Halliburton. There's no way such amount of money would've been moved to bribe Nigerians without his approval and without his knowledge, this is what we're saying."

Several of Nigeria's rights groups expressed disappointment about the outcome. Programme officer at Social Action Nigeria Celestine AkpoBari said, "I would have loved to see Dick Cheney in chains in our court and facing justice in our prisons. That would have been a very big point that would have lifted Nigeria out of its woes."

Sources: Guardian, The Telegraph, ABC News

For more news and expert analysis about Nigeria, please see Nigeria Focus and Nigeria Politics & Security.

Wednesday, 8 December 2010

Nigeria files bribery charges against Dick Cheney


Nigeria has filed charges against Dick Cheney, over bribery allegations involving a former subsidy of Halliburton energy company. The charges, filed by Nigeria's anti-corruption agency, revolve around KBR engineering firm, which has admitted bribing officials.

Cheney, former CEO of Halliburton and US vice president, denies the allegations which his lawyer called “entirely baseless”. The Economic and Financial Crimes Commission (EFCC) has filed 16 charges against Cheney, as well as current Halliburton CEO David Lesar and two other executives. It has also filed charges against Halliburton and four associated businesses.

Last year, KBR pleaded guilty to paying $180 million in bribes to Nigerian officials. The company agreed to pay $579 million in fines in the US. Nigeria, along with France and Switzerland, has conducted its own investigation into the case and subsequently filed charges.

Cheney's lawyer, Terence O'Donnell, said US investigators had found no impropriety on Cheney's part and added that, "Any suggestion of misconduct on his part, made now, years later, is entirely baseless". Halliburton denies involvement in the allegations, saying that a raid on its office by EFCC officials was "an affront against justice".

Source: BBC News

For more news and expert analysis about Nigeria, please see Nigeria Focus and Nigeria Politics & Security.