KBR rebuffs Nigeria's 'wild' corruption charges
8 Dec 2010
Houston, Texas - KBR has responded sharply to press reports that its chairman, president and CEO William Utt has been named in corruption charges filed by the Nigerian government.
The charges are said to involve violations of the country’s Foreign Corrupt Practices Act (FCPA) that occurred between 1994 and 2004.
However, the engineering, construction and services company said that Nigerian government officials are “wildly and wrongly” asserting blame in this matter.
“Utt joined KBR in February 2006 and the remainder of KBR’s executive team was appointed thereafter. No one on KBR’s current executive team was involved in the FCPA violations,” said a KBR statement.
The company said it will continue to vigorously defend itself and its executives if necessary, in this matter.
“KBR in no way condones or tolerates illegal or unethical behavior. Conducting our business with the utmost integrity is at the core of the work we perform each day,” the company emphasised.
