Dick Cheney- Corporate Criminal
Details the myriad illegal, immoral, and unethical activities of Dick Cheney when CEO of Halliburton, his obstruction of justice, and lies to the American public since his appointment as Vice President. For information on an equally corrupt politician, see link to Tom DeLay-Corporate Whore. Be sure to visit our cavernous vault of archives.
Switzerland shuts down Halliburton bank accounts used for 'bribery'
3 Dec. 2004
WASHINGTON, Dec. 3 (HalliburtonWatch.org) -- The government of Switzerland shut down bank accounts allegedly used by Halliburton for bribing the Nigerian government, the Associated Press (AP) reported today. Investigators believe Halliburton's KBR subsidiary and three other firms paid $180 million in bribes over a number of years to win a multibillion dollar construction contract from the Nigerian government. Halliburton and the other firms ultimately won that contract in 1995, but deny paying bribes.
According to the AP, the accounts that were shut down by Switzerland contain funds worth $100 million. The AP reported that the accounts were shut down "after France asked Switzerland to grant judicial assistance for its investigation" of the bribery scandal. The French government has been investigating the bribery allegations since October 2003. The U.S. Department of Justice is conducting an investigation as well. The Nigerian government is considered one of the most corrupt governments in the world. It is difficult for companies to do business without paying bribes to government officials, critics say.
U.S. and French law forbid companies from bribing foreign officials. Under the U.S. Foreign Corrupt Practices Act it is a crime for corporations to bribe foreigners to win government contracts.
Some of the bribes were allegedly paid during the period when U.S. Vice President Dick Cheney was chief executive of Halliburton. His involvement in the scandal is still unclear, but he could be subpoenaed for questioning by French investigators.
Although the AP concluded that Halliburton "hasn't found any evidence that supports claims of bribery," Halliburton did find evidence that bribes "may" have been paid to officials in the Nigerian government.