A unit of US oil giant Halliburton is being investigated by the Serious Fraud
Office for its part in an alleged plot to pay more than $170m (£90m) in bribes
to win work at a Nigerian gas plant.
According to the FT, the SFO has already carried out searches at business and
residential premises as part of the probe into Halliburton’s KBR unit, whose
work on the project was underwritten partly by British government money.
Deputy US president Dick Cheney was head of Halliburton for part of the
period of time under investigation
Halliburton said it continues to co-operate and is ‘committed to getting
resolution’, the FT reported.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements