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Nigeria`s anti-graft body detains 12 oil executives

Last Updated: Friday, January 14, 2011 - 11:56

Abuja: Nigeria`s anti-corruption body has detained 12 senior executives of oil firms Noble Corp, Tidewater and Transocean over allegations bribery of up to USD 100 million.
The spokesman of the Economic and Financial Crimes Commission (EFCC), Femi Babafemi said the agency suspected the executives were involved in offering bribes to Nigerian officials and therefore had their travel documents seized.

A firm involved in shipping, Murphy Shipping Company also had some of their officials arrested by the anti-graft body.

Late last year, the oil rich African country`s anti-graft body indicted former US vice president Dick Cheney and Halliburton oil firm where he was chief executive and they agreed to pay USD 250 million fine after negotiations.
Cheney was the chief executive of the energy company when an alleged bribe was paid by its subsidiary KBR to Nigerian officials to secure a contract.

The charges were made against the backdrop of bribes which were assumed to have been paid to some Nigerian officials in connection with the construction of a Liquefied Natural Gas at Bonny Island in the oil rich Niger Delta when Cheney was the Halliburton`s chief executive.

A Nigerian subsidiary of Houston, US based firm, Halliburton was mentioned in the charge.

Earlier, the EFCC had invited officials of the oil service company for questioning in relation to the case.


First Published: Friday, January 14, 2011 - 11:56

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