I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
Cheney’s former Halliburton colleague admits guilt in bribery investigation
Albert Stanley, a former colleague of Vice President Dick Cheney, faces up to 10 years in jail and has agreed to pay $10.8 million in restitution as the result of a four-year bribery investigation by U.S. attorneys, according to a report from the Independent.co.uk.
The report states, "Stanley admitted one count under the Foreign Corrupt Practices Act – which outlaws bribery by executives and companies operating in the U.S., regardless of where in the world the corruption is taking place – and a further count of fraud."
Stanley relayed to investigators that he used a North London lawyer to funnel money to Nigerian officials which helped land nearly $6 billion in oil-related contracts for the Halliburton subsidiary.
Helping the investigation were officials from Nigeria, Switzerland, France and the UK. Their efforts led to handwritten notes by a former KBR executive that bribes may have reached to the highest level of the Nigerian government – a government riddled with human rights violations.
The report goes on:
Mr Cheney appointed Stanley to run KBR in 1999, when the subsidiary was created after Halliburton’s acquisition of UK-controlled MW Kellogg, where Stanley had been an executive. There is no suggestion that Mr Cheney knew at the time of the acquisition, or subsequently, that bribery was involved in the Nigerian contracts.