DOJ, SEC probe Bonny Island partners for violations

11/13/2006
The US Department of Justice and the Securities and Exchange Commission are formally investigating whether a joint venture in which Halliburton Co. has a 25% interest played a role in alleged bribes of Nigerian government officials, the oil field services and engineering and construction company disclosed on Oct. 31.SEC also has issued subpoenas for information, which Halliburton said it is furnishing, about current and former agents used in connection with several Nigerian and global projects during the last 20 years.SEC also asked Halliburton in September to enter into a tolling agreement that would delay the time the legal clock started running, or tolling, on the case under the statut...
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