Summary of Case of Corruption in Nigeria

In 1998, the large Texas-based oil and gas service firm, Halliburton, acquired way Industries where one of its largest businesses was the general occupyors for construction projects named M. W. Kellogg. Kellogg then was combined with an brisk Halliburton business and renamed Kellogg, Brown and Root, or KBR. At the time, it looked like a good deal for Halliburton. However, in early 2005, Halliburton put KBR for cut rate sale to distance itself from several scandals which include the allegations that KBR had systematically overcharged Pentagon for service it provided to the U.S. armed forces in Iraq and scandal on the Nigerian liquified instinctive gas (LNG) plants that involved KBR employees, several former officials of the Nigeria regimen, and a cryptic British lawyer called Jeffrey Tesler. This was started in 1994 when Kellogg and its three family partners were arduous to win an initial amaze from the Nigerian giving medication to make believe two LNG plants. By early 1995 the KBR pocket billiards was deep in final negotiations on the contract. It was then the Nigerias oil subgenus Pastor had a falling out with the inelegants army dictator, General Abacha, and was replaced by Dan Etete.

That was when KBR consortium rapidly entered into a contract with Jeffrey Tesler since Etete proved to be far little accommodating to KBR consortium. The contract was signed by Kellogg executive, called on Tesler with a fee of $60 million to obtain the contract since Tesler had long-standing relations with some Nigeria government and military officials. Investigations were held when there was suspicion that Tesler promised to funnel b! ig sums to Nigerian government officials if the deal was done. The investigations was based on few factors including the know corruption of General Abachas government, the sizing of payment to Tesler and serial publication of railway lines turned up by internal investigators at Halliburton. The hand-written note documented a meeting between Chodan and Tesler discussing the possibility to...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com

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