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8/23/2005
Haliburton Miasma Sucks Down Another Business
Haliburton Miasma Sucks Down Another Business
Via KGBT News:
-- MDT
Chicago Bridge gets SEC subpoena over Halliburton probeThe original article appears here.
August 23, 2005
KGBT News
Chicago Bridge and Iron has been subpoenaed in a Securities and Exchange Commission investigation of a Halliburton construction project. The Dutch-based engineering and construction company was a subcontractor of Houston-based Halliburton on the Nigerian project. Chicago Bridge and Iron said in its Friday SEC filing that it's cooperating with the request, but it didn't provide further details about the subpoena.
Halliburton's foreign operations have been the focus of investigations by various regulatory agencies. The Justice Department and the SEC have been investigating alleged bribery of Nigerian officials relating to the construction of a natural-gas liquefaction plant at Bonny Island.
Halliburton said it was under formal SEC investigation in June 2004.
-- MDT
Labels: bribery, Department of Justice
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