Quantcast

Latest Kellogg, Brown & Root Stories

2009-02-12 06:43:45

U.S. oil service giant Halliburton and former subsidiary Kellogg Brown & Root have settled an international bribery case for $579 million, officials said. Authorities charged the companies with funneling funds to Nigerian officials through intermediaries in Tokyo and Gibraltar to secure $6 billion worth of construction contracts over a 10-year period, The Washington Post reported Thursday. KBR pleaded guilty in the case while Halliburton admitted no wrongdoing, the newspaper said. But,...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
Related