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Sections News Editorial/Opinion Cover Choice Arts & Life Business Politics Sports   Subscription Form Click here       Daily Independent Online.         * Wednesday, June 16, 2004. Radioactive substance: Halliburton risks prosecution By Rotimi Fadeyi, Senior Correspondent, Abuja Halliburton, the American-based petroleum services company, is likely to be prosecuted by the Nigerian Government over its role in the bungling of criminal investigations into how radioactive sources were stolen from the country about two years ago by unknown persons. It is yet another controversy the company would be enmeshed in after the N2.4 billion tax evasion charge about two years ago. It also got stuck in a $180 million bribe scandal in the Nigerian Liquefied Natural Gas (NLNG) project involving one of its subsidiaries, Kellog, part of the consortium of TSKJ that constructed the multi-billion dollar project.    Federal Attorney General and Justice Minister Akinlolu Olujinmi disclosed in Abuja on Tuesday the latest trouble Halliburton has run into. He said in a statement that arrangements are already in top gear to prosecute the company and that the government is determined to get to the root of the matter. Halliburton Energy Services Nigeria Limited (HESNL), one of the companies in the Halliburton Group, was said to have imported the radioactive substance in 2002 for well-logging. On December 24, 2002, it reported that the material had been stolen and the International Atomic Energy Agency (IAEA) was immediately alerted. An inter ministerial committee traced it to some individuals, including a Nigerian company, Cabomet International Meal Trade.   And the committee discovered that the material was shipped out of Nigeria but was intercepted by German authorities at a steel recycling plant in the state of Bavaria. An agreement was reached between the two countries that Germany should assist in repatriating the substance back to Nigeria for the purpose of prosecuting those implicated.  This was breached by the German authorities. They instead released the material to Halliburton USA which transferred it to America. The breach of agreement made Abuja to resolve that Halliburton be brought to book.       Copyright� 2002. All Rights Reserved Independent Newspapers Limited Block5, Plot 7D, Wempco Road, Ogba, P.M.B. 21777, Ikeja, Lagos State, Nigeria. www.dailyindependentng.com e-mail: [email protected]

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