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.
A few days after she was delivered of a set of twins, Mrs Shekinat Abdurazaq, 27, allegedly committed suicide on Wednesday when she jumped into the Osun River in Ede.The incident occurred at about 3.30 p.m. on the Osun River Bridge on the Oke Gada Road. It was learnt that the woman, who hailed from […]
LAGOS, Nigeria â€” The head of the International Monetary Fund on Tuesday advised Nigerian leaders to build up resistance in the face of Europeâ€™s escalating debt crisis, as officials in the oil-rich nation pushed a proposal to remove oil subsidies that they say will save billions of dollars. IMF Managing Director Christine Lagarde advised officials […]
The Catholic Priest who played a key role in exposing the Gukurahundi massacres of the mid-eighties, was laid to rest last Friday at a ceremony attended by thousands. Archbishop Henry Karlen, who was originally from Switzerland, died at Mater Dei Hospital on October 28th, after a short illness. He will be remembered most for the […]