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Entries in Nigeria (184)

Tuesday
Sep112012

Jeffrey Tesler: 'I have nothing to live for except to seek forgiveness'

The one-time middleman for KBR and its partners stood before Judge Keith P. Ellison in a Houston courtroom in February. Jeffrey Tesler faced up to ten years in prison.

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Monday
Sep102012

Safran Fined For Nigeria Bribes

French defense and security firm Safran was fined €500,000 last week by a court in Paris for bribing government officials in Nigeria.

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Tuesday
Aug142012

Clinton: We Support Reform In Nigeria

Photo courtesy of U.S. State DepartmentU.S. Secretary of State Hillary Clinton met with Nigerian President Goodluck Jonathan and his National Security Council in Abuja last week. 

High on Clinton's agenda was Nigeria's battle with corruption.

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Wednesday
Jun272012

Air Disasters And Corruption

Is there a link between air safety and corruption? We take a look.

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Tuesday
Jun192012

Nigeria Missing Billions In Public Fuel Funds

Nigeria is struggling to make sense of a report that says high-level officials and business people stole $6.8 billion in public funds intended to subsidize the cost of fuel.

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Thursday
May102012

To Mexico, from Nigeria, via Kazakhstan: On the Trail of a Great Idea (Final Installment)

Andy Spalding suggests that if the Wal-mart investigation results in significant civil or criminal fines or disgorged profits, some portion of those monies be used to benefit the people of Mexico.

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Wednesday
May092012

Noble Execs Fight SEC Charges

As reported today by Mike Koehler, two executives from oil services firm Noble Corporation filed motions to dismiss complaints brought against them in February by the Securities and Exchange Commission that alleged they bribed officials in Nigeria in exchange for illegal import permits for drilling rigs.

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Friday
May042012

To Mexico, from Nigeria, via Kazakhstan: On the Trail of a Great Idea (Part 2)

Last post, I discussed the proposal from Nigeria’s Social-Economic Rights and Accountability Project to establish a mechanism for using the proceeds of FCPA settlements to help bribery victims.

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Thursday
May032012

To Mexico, from Nigeria, via Kazakhstan: On the Trail of a Great Idea (Part 1)

Yesterday, Benjamin Kessler wrote a stirring defense of what he called “one of the most altruistic FCPA amendments yet proposed:” adopting a system to share the proceeds of FCPA settlements with the victims of bribery.

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Wednesday
May022012

Giving Back To The Victims

In March the Nigerian human rights group SERAP (Socio-Economic Rights and Accountability Project) sent a letter to the SEC outlining one of the most altruistic FCPA amendments yet proposed.

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