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Halliburton Says Gave Bribes in Nigeria By REUTERS http://www.nytimes.com/reuters/business/business-energy-halliburton.html Filed at 1:04 p.m. ET NEW YORK (Reuters) - Halliburton Co. (HAL.N), the world's No. 2 oilfield services company, said in a regulatory filing on Thursday that it has disclosed to the U.S. Securities and Exchange Commission that it made about $2.4 million in improper payments in Nigeria. The Houston-based company, once run by Vice President Dick Cheney, said it discovered during an audit that one of its foreign subsidiaries operating in Nigeria paid $2.4 million to an entity owned by a Nigerian national in order to get favorable tax treatment. The individual pretended to be a tax consultant though he worked for a local tax authority, the company said in the filing. Halliburton said the payments 'clearly violated' its code of conduct and internal control procedures and added that it is cooperating with the SEC in its review of the situation. It may also have to pay as much as an additional $5 million in taxes in Nigeria. The company, which said none of its senior officers were involved, has conducted an investigation into the situation and fired 'several' employees based on the investigation's findings. pg. _______________________________________________ Sent via the discussion list of the Campaign Against Sanctions on Iraq. To unsubscribe, visit http://lists.casi.org.uk/mailman/listinfo/casi-discuss To contact the list manager, email email@example.com All postings are archived on CASI's website: http://www.casi.org.uk