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The Sun News On-line| Editorial News









Govt and the Halliburton scandal
By Sun News
Friday, July 2, 2004

Halliburton, the oil services firm enmeshed in a bribe scandal involving the payment of $180 million slush funds on the Nigeria Liquefied Gas project to some unnamed Nigerian officials, recently wielded the big axe on two of its executives fingered in the criminal conduct.

The two unnamed officials, according to the report, were dismissed by the oil firm for their roles in the payment of the illegal funds to the yet-to-be named Nigerian official even while the American Securities and Exchange Commission, the Justice Department and the Federal Bureau of Investigations are still making efforts to establish the degree of culpability of its nationals fingered in the bribery saga.

Since the bribe story broke some time last year in the United States, we had expected the Nigerian government to seize the initiative by collaborating with its American counterpart with a view to getting to the root of the sordid affair. Rather, what we have seen on the part of the government is the characteristic dithering, a peculiar and uncanny indifference to a matter which involves the subversion of the laws and the manipulation of national institutions by a foreign organisation in the guise of doing business.

The interesting part of the puzzle is that the current investigations were at the behest of the American government, which feels rightly that the conduct of its nationals both at home and abroad would be governed by strict rules of ethical practice, and which Halliburton has evidently been in breach. Given that the federal government was an interested party in the affair, one would have expected that it would take more than a passing interest not just in the investigations, but would launch its own inquiry at establishing the extent of its laws that were broken by the foreign firm, and at the same time, identifying and punishing the Nigerian accomplices in the criminal conspiracy.

It is certainly a matter of grave national embarrassment that the federal government seems not to have woken up to the realisation that the crime for which the firm was fingered is actually injurious to our national cause, a fact that may partly explain the official prevarications; we suspect that the same reason may well explain why the nation has not been availed of the full facts on the scandal.

Whatever may be the outcome of the secretive inquiry, the report of which the government has promised would be released later this month, the government certainly has a lot of explanations to offer Nigerians on why the so-called highly placed Nigerians who took the $180 million bribe and their criminal accomplices cannot be identified and brought to book.


 

 

 

 

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