Sunday, October 1, 2006
Volume:
22
Issue:
10
392
Abstract:
On August 7, 2006, the Financial Times reported that the United Kingdom’s Serious Fraud Office (SFO) is investigating Halliburton subsidiary Kellogg, Brown & Root’s (KBR) role in an alleged conspiracy to pay more than $170 million in bribes to obtain billions of dollars of new business at a large Nigerian gas plant. The SFO’s investigation into the politically connected U.S. oil company’s involvement in the Nigerian project, which the U.K. partially financed, is the latest example of international prioritization of anti-corruption enforcement.