Halliburton Probing Its Angola Dealings

[alp227]

Source: Wall St Journal

Halliburton Co. is conducting an internal investigation of potential violations of U.S. anticorruption laws by some of its personnel in oil-rich Angola.

In a recent earnings document filed with the U.S. Securities and Exchange Commission, the world's second-largest oil-field-services provider after Schlumberger Ltd. said that in December 2010, it received an anonymous email accusing some of its current and former personnel of breaking the rules set by the U.S. Foreign Corrupt Practices Act in dealings with an Angolan vendor. FCPA laws prohibit U.S. companies from bribing foreign government and corporate officials.

Read more: http://online.wsj.com/article/SB10001424052970204644504576651171722498408.html

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[SkyDaddy7]

1. Halliburton doing its own internal investigation...

Yes, I am sure that will be thorough & impartial.
:sarcasm: