Ex-KBR CEO guilty of bribery

摘要

A former CEO of the then-Kellogg, Brown & Root Inc. unit of Halliburton Co. pleaded guilty recently to federal charges that he took part in a plan to bribe Nigerian officials to win contracts worth $6 billion to build liquefied natural gas facilities in that country.rnAlbert Jackson "Jack" Stanley, 65, entered a guilty plea in US District Court in Houston to charges of conspiracy to violate the Foreign Corrupt Practices Act and commit mail and wire fraud.rnHis attorney, Larry Veselka, says, "Stanley has been cooperating with the government, and he plans to continue, to cooperate with the government."rnStanley faces seven years in prison and will pay $10.8 million in restitution.