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Halliburton: Ex-KBR Chief Jailed For Bribing Nigerian Officials – Leadership Newspapers

Picture of Mr. Albert ‘Jack’ Stanley
After years of sentencing delays, a former Kellogg, Brown and Root (KBR) incorporated chief executive, Mr. Albert ‘Jack’ Stanley was yesterday sentenced to two and half years in prison for his role in a scheme to bribe Nigerian government officials in return for $6 billion in engineering and construction contracts.

In addition, Mr. Stanley would also serve three years of probation and pay $1,000 a month for

He had pleaded guilty in 2008 to conspiring in the decade-long scheme related to the company’s natural gas operations in Nigeria from 1995 to 2004. The convict was KBR’s chief executive until 2001 and chairman until 2004.

KBR, a worldwide engineering and construction services firm, was split off as a separate public company from Halliburton in 2007.

It would be recalled that in December 2010, the Economic and Financial Crimes Commission (EFCC) charged current and former KBR and Halliburton executives; including former US Vice-president, Dick Cheney, who at one time led Halliburton; in the bribery scheme.

But the charges were dropped a few weeks later after Halliburton agreed to pay a $35 million settlement.

The 69 year-old former chief executive told a United States of America District Judge Keith Ellison in court yesterday that alcoholism played a role in compromising the traditional American values of hard work, honesty and integrity that he brought to his professional life.

‘I lost touch’, he said. ‘I wish to be very clear that I accept full responsibility for what I have done…and hope to be able to continue to make amends for my past.

Larry Veselka, Stanley’s lawyer, asked the judge to forgo a prison sentence for Stanley, citing his involvement in Alcoholics Anonymous and mentoring relationships with people in Houston and North Carolina, where Stanley now lives.

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