The reputation of Halliburton, the oil industry giant once run by Vice-President Dick Cheney, took a new blow yesterday when it admitted one of its
subsidiaries had paid millions of dollars to a Nigerian official in return for tax breaks.
The company said it had informed the US securities and exchange commission (SEC) of about $2.4m (Ł1.5m) in improper payments to the official, who had
posed as a tax consultant, it claimed.
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