Houston-based Halliburton said in an SEC filing this week that it received a subpoena from the SEC in connection with an ongoing investigation of possible kickbacks and bribes in Angola.
Entries in Albert Jack Stanley (53)
Sentencing of the three individual defendants in the TSKJ Nigeria case has been delayed again.
The DOJ said today that Japan's Marubeni Corporation will pay a $54.6 million criminal penalty to resolve FCPA charges for its role as an agent of the KBR-led TSKJ joint venture.
Jack Stanley's admissions when he pleaded guilty three years ago to conspiracy to violate the FCPA and commit mail and wire fraud were staggering.
The TSKJ enforcement action started in September 2008. Jack Stanley, KBR's former CEO, pleaded guilty in Houston to a two-count criminal information charging him with conspiracy to violate the Foreign Corrupt Practices Act and to commit mail and wire fraud.
Last week, Judge Keith P. Ellison signed Jack Stanley's latest sentencing delay (the eleventh by our count).
They're facing up to 30 years behind bars. The government isn't likely to ask for jail terms of that length. But prosecutors will want long sentences -- probably more like 10 or 12 years.
For the tenth time, Jack Stanley's final sentencing has been delayed, this time until June 23.
Will Jeffrey Tesler follow Jack Stanley and Wojciech Chodan in a plea deal? Here are some reasons why he might . . . .
The British lawyer accused by American authorities of helping KBR and its partners bribe Nigerian officials said last week he's giving up his fight against extradition to the United States.