American CEO Gets 30 Months Jail For Bribing Nigerians

Mr A

The former head of US
construction company KBR was
sentenced to 30 months in prison
over the bribing of Nigerian
officials to win contracts, the US
Justice Department said Thursday.
Albert Stanley, the former chief
executive officer of the
engineering giant, also must pay
his former company $10.8 million
in restitution under the judgment
handed down in a Houston
federal court.
Stanley, 69, pleaded guilty to
violations of the Foreign Corrupt
Practices Act and conspiracy to
commit mail and wire fraud.
KBR and its parent company,
Halliburton, have also agreed to
pay a $579 million fine after
pleading guilty to corruption
charges in Nigeria.
Stanley was accused of
participating in a bribery scheme
between 1995 and 2004 to obtain
construction contracts worth
more than $6 billion, according to
a US Justice Department
statement.
KBR was part of joint venture
TSKJ — which also included French
firm Technip SA, Dutch and Italian
firm Snamprogetti Netherlands BV
and Japanese firm JGC Corporation
— to build a liquefied natural gas
facility on Bonny Island in the
Niger Delta.
The joint venture allegedly paid
$183 million in bribes to a variety
of Nigerian government officials,
according to the Justice
Department.
Stanley, who was fired by
Halliburton in 2004, cooperated in
the investigation in exchange for
a lighter sentence.
The case sparked criminal
investigations in France,
Switzerland, Nigeria and Britain.
Two British men, attorney Jeffrey
Tesler and businessman Wojciech
Chodan, also were sentenced on
criminal charges by a Houston
judge. Tesler is getting 21 months
in prison while Chodan is
sentenced to one year of
probation.
Last month, Japanese trading
house Marubeni, which the TSKJ
joint venture hired to help get the
engineering contracts, agreed to
pay a $54.6 million fine in the
United States, the Justice
Department said.
In 2010, Technip and
Snamprogetti each agreed to pay
$240 million fines while JGC settled
for a nearly $219 million fine.

Sir-Phil

Serves him right, they preach about Nigeria's curruption but they indeed are the ones corrupting good Nigerians.

Sir-Phil

Serves him right, they preach about Nigeria's curruption but they indeed are the ones corrupting good Nigerians.

American CEO Gets 30 Months Jail For Bribing Nigerians

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