Halliburton Says Nigeria Bribery Deal Is Only $35M

Law360, New York (December 22, 2010, 7:44 PM EST) -- Halliburton Co. is saying it will pay $35 million to settle bribery charges brought by the Nigerian government over billions of dollars in natural gas contracts, at odds with an earlier Nigerian report that put the settlement at $250 million.

When asked about the discrepancy between the settlement amounts, a Halliburton spokeswoman said Wednesday only that the company's statement, issued Tuesday, was accurate.

The case centers on about $180 million in alleged bribes paid to obtain $6 billion in contracts for a natural gas plant in...
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