The Wall Street Journal: Halliburton Says SEC Probing Nigerian Venture
DOW JONES NEWSWIRES
June 11, 2004 3:20 p.m.
Posted 12 June 04
HOUSTON (AP)–The Securities and Exchange Commission is formally investigating allegations that a Halliburton Co. (HAL) subsidiary was involved in paying $180 million in bribes to get a natural gas project contract in Nigeria.
Vice President Dick Cheney was head of the oil services conglomerate at the time.
Halliburton on Friday announced that the SEC has started a formal probe. The SEC’s informal investigation of the contract was disclosed in February.
The SEC isn’t alone in examining the contract, in which Halliburton subsidiary KBR, formerly known as Kellogg, Brown & Root, is a 25% owner. Nigeria in February ordered an investigation, and a French magistrate has been probing the payments for months. The Justice Department is reviewing documents voluntarily provided by Halliburton.
The company also has been under fire for allegedly overcharging the government on contracts related to the U.S. invasion of Iraq. Halliburton says the company is a political target and denies wrongdoing.
The other partners in the Nigerian project under scrutiny were Technip SA (TKP) of France, ENI SpA (E) of Italy and Japan Gasoline Corp. Halliburton refers to the consortium as TSKJ.
The allegations center on a $4 billion Nigerian liquefied natural gas plant built in the 1990s by the four partners. The payments for the gas plant contract were allegedly made to Nigerian officials.
Cheney was Halliburton’s CEO from 1995 to 2000 – five of the seven years in which the clandestine payments were allegedly made. He resigned in 2000 to be President Bush’s running mate.
Halliburton said the SEC and the Justice Department have asked the company to cooperate and provide information in reviewing matters related to the project in light of requirements of the U.S. Foreign Corrupt Practices Act. Halliburton spokeswoman Wendy Hall said Friday that the company will continue cooperating with the agencies, and noted an internal investigation into the matter is continuing.
Company representatives also recently met with the French magistrate to express willingness to cooperate with that investigation, Halliburton said.
“It is important to our company that our clients, suppliers and host countries know that Halliburton’s code of business conduct is expected to be followed in every country in which we operate,” Hall said. That code sets standards that, at a minimum, comply with U.S. laws.
Halliburton officials don’t believe the company has violated the Foreign Corrupt Practices Act, but the company said “there can be no assurance that government authorities would not conclude otherwise.”
The company also said TSKJ and other similarly owned entities have entered into various contracts to build and expand the liquefied natural gas project for Nigeria LNG Ltd., which is owned by the Nigerian National Petroleum Corp., Shell Gaqs B.V., Total affiliate Cleag Ltd. and Agip International B.V.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
