Sunday, April 12, 2009

Swiss hold '$150m Nigeria bribes'


U.S. investigators have traced 150 million dollars in bribes given to Nigerian officials to Swiss Banks. Michael Kase Aondoakaa said that the 150 million dollars was part of $180m in bribes given to Nigerian officials by the US construction company, Halliburton. The Nigerian government has asked the US to release the names of the Nigerian officials accused of negotiating bribes. The scandal occured between 1994 and 2004, when Haliburton admitted to paying bribes to Nigerian officials.




This article illustrates some of the corruption-related problems that Nigeria has and is facing. Nigerian officials have encountered some pressures from the media to process what US courts have found, and to prosecute the Nigerian officials who had taken bribes. Corruption is an ongoing problem that Nigeria must learn how to stop.
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