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Analysis: Halliburton's Nigeria pain could run and run
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Added by
apesphere on 25 May 2009
From: www.businessdayonline.com
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| Image courtesy cuatower via Flickr |
Nigeria's Business Day runs through the repercussions for Halliburton and other multinationals of ongoing legal actions over bribery schemes.
The investigation, which combines separate investigations in the US, France, UK and Nigeria, sets a precedent which, Business Day argues, should disincentivize foreign companies from such high level corruption in the future.
The report analyzes the potential implications of the investigation for former US vice president Dick Cheney, Royal Dutch Shell, and France's Technip.
Andrew Newton is the author of The Handbook of Compliance: Making Ethics Work in Financial Services
- Read the source
- Topics: Global Business, africa, bribee, bribery, bribes, communities, corruption, department of justice (us), elf-aquitaine, eni, europe, extractives & metals, former vice president dick cheney, halliburton co, kbr, kellogg brown & root (kbr), liquified natural gas (lng), nigeria, royal dutch shell, total, us foreign corrupt practices act, usa & canada
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