₦airaland Forum

I understand the posters question and I agree. Plus, i think that it will be a good time to show gods powers to the entire world by healing the man instead of letting him waste our money on medical bills!

HOUSTON – A former Halliburton Co. subsidiary pleaded guilty Wednesday to bribing Nigerian officials to obtain contracts valued at more than $6 billion.

Kellogg, Brown & Root LLC pleaded guilty to violating the Foreign Corrupt Practices Act by authorizing and paying bribes from 1995 to 2004 for contracts to build liquefied natural gas facilities on Bonny Island, Nigeria.

"The successful prosecution of KBR, and its agreement to pay a more than $400 million fine, demonstrates that no one is above the law, and that the department is determined to seek penalties that are commensurate with, and will deter, this kind of serious criminal misconduct," said Acting Assistant Attorney General Rita M. Glavin with the Justice Department's criminal division.

Most of those fines, however, will be paid by Halliburton.

In addition to the fine, KBR agreed to cooperate with ongoing investigations and have an independent monitor review and report on the company's compliance program for three years.

KBR, a major engineering and construction services company, was split from Halliburton in 2007. The Houston-based company has operations around the world.

In a statement, William P. Utt, KBR chairman, president and chief executive, said it was important to note that none of the allegations involved current KBR managers or employees.

"Today's settlements , close both a regrettable and unfortunate chapter in KBR's rich and storied history," Utt said. "KBR in no way condones or tolerates illegal or unethical behavior." In a conference call later Wednesday, Utt said the penalties KBR will have to pay won't significantly impact company operations.

"People understand the context of how this happened, who was responsible for it," he said. "They clearly understand this is a new KBR. They understand we are very sincere about being an abiding citizen in the global community."

KBR entered guilty pleas to five counts in Houston federal court related to bribery and hiring agents to pay bribes.

Also Wednesday, KBR's parent company, KBR Inc., and Halliburton settled a related civil complaint filed by the U.S. Securities and Exchange Commission.

The SEC's complaint charged KBR Inc. with violating the act's anti-bribery provisions, and charged KBR and Halliburton with engaging in books and records and internal controls violations related to the bribery.

KBR Inc. and Halliburton agreed to pay back $177 million in profits related to those violations.

"Any company that seeks to put greed ahead of the law by making illegal payments to win business should beware that we are working vigorously across borders to detect and punish such illicit conduct," said SEC Chairwoman Mary Schapiro.

In its statement, KBR said it will make payments totaling $20 million over the next eight quarters to the Justice Department. Halliburton said Wednesday that it would pay $382 million in fines over the next two years as well as pay back the $177 million in profits related to the SEC violations.

Kevin DeNicola, KBR's chief financial officer, said the $20 million KBR will pay is expected to have a 12 cent per diluted share impact on 2008 fourth quarter earnings.

DeNicola said KBR will have to record the $579 million in penalties on its balance sheet as a liability. But it will also be noted that Halliburton is paying most of that so there will be no income-statement impact except for the $20 million.

In court documents, KBR admitted it intended for more than $180 million given to two individuals to be used in part for bribes to Nigerian government officials.

KBR's former CEO, Albert "Jack" Stanley and others negotiated bribe amounts and agreed to hire two agents to pay the bribes, prosecutors said.

Stanley pleaded guilty in September to conspiring to violate the Foreign Corrupt Practices Act for his participation in the bribery scheme. He is scheduled to be sentenced on May 6.

eyonigger:
Why Those He Treat Me This Way Those means plural, how many guys are treating u the wrong way then nlanders can best reply.

WORD!!!

Instead of a revolution, I highly suggest that we start assassinating these men.

chidichris:
he is simply mad.
if i was the journalist, i will ask him how moji(his daughter in law) tastes.

WORD!!!

davidylan:
marry him now and you multiply your worries by 1000.
You cant marry a boy and expect him to grow into a man tomorrow. time to sit him down and stop calling a spade a cutlass. Best of luck.

W O R D!!!

One thing you don't want to do is spending your married life being bitter or trying to shape someone into your notion of "ideal"

Arranged marriage. Both families have a mutual understanding what should take place.

Love is not a valid reason to get married to someone. Love fades.

[quote author=d-ROC link=topic=230793.msg3444031#msg3444031 date=1234132711]I tried to keep this thread as balanced and objective as possible but some people generalise and take things way too personal. I love women whether poor, rich or middle class. I just don't appreciate women who pretend to have class when they don't- Period.[/quote]
totally understand.

The only circumstance by which rich and poor Nigerians hang out together, is maybe when they are abroad, then the poor people will want to be getting up and sh^&45t! Anyways sha, enough said.

I will say this sha, most rich men (unless they're looking for sex), don't hang out around or date poor women. They don't even hang out in the same space.  SO I really don't understand what the complains are all about.

In Nigeria, birds of the same feathers flock together.

@ poster, I don't think that one can ignore the double standards that exists when it comes to dating or marriage.

and even though most men or women dream big, class matters.

You are extremely judgmental and ALL human beings don't like that.  even judgmental people like urselves, don't like to be judged by others, why not leave the judging to God and try being a good friend to people and see who responds to your invitation to friendship,


You've judged the whole world, this is one of  the main reason why people remain jobless in Nigeria,

She's been with you for 8 years,   with no marriage proposals or engagement and u want her to go to school, so that another man can see how much of a treasure she is and snatch her away from you ?  What about you ask her about what she is interested in  and encourage her schooling from her perspective? Maybe she's not a school-type person ? Its seems like u're making ur decision based on what your friends think and how you are perceived vs. love.   Hey my guy , keep in mind that "pride leads to one's downfall." SO, its seems like you want to be with a woman based on what your friends think of them.  sit down there and I doubt if u'll ever get married.

Have you ever heard of jealous friends ? anyways sha, wa a pe ni be

u're absolutely right but I don't think that the gals father went to an IVY,

dayokanu:
@Obvious,
I disagree with you on those Ivy league school.

Are you telling me SAT, ACT, GRE and GMAT requirement for rich kids differ from those of poor children?

if you have these facts bring it out.

Rich people send their children to the best Primary and High school they thereby end up being well groomed for Ivy league scores Unlike children who grew up in projects


Bush was the Governor of a state bigger than Nigeria and probably one of the top 10 biggest economy in the world which he did well before becoming president.

Didnt Obama and Bill Clinton send their kids to private schools? why not public schools to prove a political point

Ure right in stating that rich people send their children to the best primary and high school and this grooms them for Ivy League, I've also worked for Ivy League admissions and I know that Rich parents call in favors to the Ivy Leagues for their children (stupid children included) all the time (in return for donations, or a huge donors can write letters of recommendations for friends children, i mean theres politics to the admissions process.)

Kobojunkie:
You would have to ask him. Also ask him why he follows that with HAHAHAHA!

KOBO, u're too much my guy! hahahaha, LMAO!

Thanks for posting this up.

I think that if the children of these corrupt politicians were embarrassed, thier parents would reconsider stealing our money.

BTW, in America a stupid person can enter an ivy league school if they're rich, (look at Bush and co) it is when someone is poor that a conversation surrounding smartness comes up,

In addition, I thot he had a vested interest in education, why is he sending his child abroad to study, LMAO.

I think Obama or the Royal family in London should send thier children to CHINA, hahahaha!

Shame on the government for not paying the individuals who sacrifice their lives protecting the Nigerian people. Na condition make crayfish bend.

Shame on the Nigerian police for letting the government cheat them out of their pay and benefits that rightfully belong to them. I suggest that they go on strike and engage in active protest for their rights.

I don't blame the woman she's only trying to make a buck or two. She has a family to feed.

[quote author=Xavier. link=topic=10251.msg3429126#msg3429126 date=1233834496]Now u see why the Yoruba race is losing its edge.

Young men are busy researching and discovering the cure for diabetes, while others are busy winning international awards for literature, Folarin Diya is busy squandering our nation's FX on white ladies. After the nation has spent so much in educating the idiot.[/quote]abeg make you tell them jo!

Former Vice President Dick Cheney warned that there is a “high probability” that terrorists will attempt a catastrophic nuclear or biological attack in coming years, and said he fears the Obama administration’s policies will make it more likely the attempt will succeed.


http://news.yahoo.com/s/politico/20090204/pl_politico/18390

I like that it says "Guessing Game."

@ blacksta abeg make you tell them.

I think you are all missing the point. I'm sure many of you have children of politicians/national thieves in your schools abroad (London, Switzerland, America, wherever) who actively throw away  and spend Nigeria's money,  Though many of you see this, you are all quiet and don't say anything. In fact, many join the children of these thieves in flamboyant lifestyles, 

Anyways, just read between the lines. Enjoy the day.

Just seeking opinions, as to what you would do if you were in this situation. take advantage of the situation or keep your morals and reject every tempting offer.

aaaah, can't do. I'm just curious as to what y'all think.

Her father is NOW a private citizen but he robbed Nigeria blind.