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Thursday, November 25, 2010

EFCC raids Halliburton office in Lagos

Operatives of the Economic and Financial Crimes Commission (EFCC) this afternoon conducted a raid on the Victoria Island, Lagos office of Halliburton.
During the raid, backed by a contingent of armed policemen and soldiers, officials of the company said EFCC officials ransacked their offices and pushed the staff around. They later left with documents and some officials of the company.

Speaking to Next about the raid, Femi Babafemi the commissions' spokesperson, said the raid was as a result of new discoveries and latest development on its investigation of American oil services firm's alleged corrupt practices.
"I don't have the details yet, but I know that three MD's of Technip and Halliburton, three of them were arrested," Mr Babafemi said.
Halliburton is implicated in a multi-billion dollar scandal involving the Nigerian Liquified Gas industry. As NEXT reported in past editions, at least three former presidents, Sani Abacha, Abdusalami Abubakar and Olusegun Obasanjo received millions of dollars in bribes from American and European contractors retained to build Africa's first liquefied natural gas plant in Bonny, Rivers State, according to US law enforcement officials.
Today's raid, which started at about 12pm, according to Mr. Babafemi, is related to the ongoing case.
"It is the same Halliburton case. We just go back into the case based on fresh information that we have," he said.

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