Earlier this week, Nigeria charged former Vice President Dick Cheney with doling over $180 million in bribes to government officials, but a new GlobalPost report suggest that it could take more than twice that much to keep him out of prison. On Wednesday, the country’s anti-corruption agency accused Cheney of making the payments while he was head of Halliburton’s engineering subsidiary, KBR, in the years prior to 2007. KBR, which is no longer a part of Halliburton, owned up to the bribes, and reportedly agreed to pay $597 million in fines. But Cheney himself is still on the hook. Femi Babafemi, the spokesman for Nigeria’s Economic and Financial Crimes Commission, tells GlobalPost that Halliburton is negotiating a plea deal with Nigeria that could involve a $500 million settlement. (Raw Story points out that “it’s not clear from the GlobalPost report if the $500 million figure refers to the amount Halliburton will have to pay or whether that amount would cover all the companies that have been charged.”) If convicted, Cheney would face three years in Nigerian prison.
NIGERIANS are so overwhelmed by the inadequacies of Nigeria; we easily ignore its strengths. I am not talking here about Nigeriaâ€™s potentials; I am talking about Nigeriaâ€™s current actual status in the world economy. I am talking about Nigeria as a country with the biggest consumer market in Africa. Just think about it: the entire […]
Again, Prophet TB Joshua was in the news recently for another controversy. This minister and his organisation; The Synagogue Church of All Nations (SCOAN) remain the most controversial Christian personalities in the world today. There are doubts over their emergence, miracles, prophecies, source of power and other activities. In fact, every action of this prophet […]
A granddaughter of Nelson Mandela, who remains seriously ill in a Pretoria hospital, has said she is hurt by a continuing family feud. Family members have been in dispute over the reburial of the bodies of three of Mr Mandela's children. Ndileka Mandela was speaking to the BBC on the eve of Mr Mandela's 95th […]