Nigeria finally gave up Bribery claims to Dick Cheney

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Dick Cheney, Vice President of the United States.

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Nigeria finally gave up Bribery claims to Dick Cheney

Nigeria has stopped the prosecution of former U.S. Vice President Dick Cheney . On Friday, December 17, reports BBC News .On Tuesday, December 14, it became known that officials of Nigeria agreed with the oil company Halliburton to close the case of bribes to Nigerian officials. Bribes were given in exchange for the right to build the country’s gas processing plant. In Halliburton pledged to pay the plaintiffs $ 250 million, thus settling the conflict out of court.

The case focused on bribes paid by engineering firm KBR while it was a subsidiary of Halliburton, a firm headed by Mr Cheney at the time.

Nigerian officials said Halliburton agreed an out-of-court deal worth $250m (£160m). The firm has not commented.

Mr Cheney, who became vice-president in 2001, has always denied wrongdoing.

Femi Babafemi, of Nigeria’s anti-corruption agency EFCC, said Halliburton had agreed to pay $250m “in lieu of prosecution”.

He said $130m of the money would be repatriated from foreign bank accounts.

AFP news agency reported that the money in foreign accounts was part of the bribery scheme, but had been frozen before it had reached Nigeria.

Halliburton, which split from KBR in 2007, has not commented on the deal but has insisted it has done nothing wrong.

According to earlier cases brought in the US, KBR executives paid more than $180m to Nigerian officials between 1994 and 2004 to secure about $6bn contracts for building a liquefied natural gas plant.KBR was fined $402m by US authorities after pleaded guilty to conspiracy and corruption charges last year.In a separate civil case in the US, Halliburton and KBR agreed to pay $177m in forfeited profits, without admitting any wrongdoing.The EFCC had been conducting its own investigations and last week filed 16 charges.Its indictment named Mr Cheney, who was boss of Halliburton before becoming vice-president to George W Bush in 2001, as well as the firm’s chief executive David Lesar, and two other executives.

It also filed charges against Halliburton as a company and four associated businesses.

Last week Mr Cheney’s lawyer, Terence O’Donnell, said US investigators had “found no suggestion of any impropriety by Dick Cheney in his role of CEO of Halliburton”.

“Any suggestion of misconduct on his part, made now, years later, is entirely baseless,” Mr O’Donnell said.

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