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Henry Oki Speaks N13.5 Billion Halliburton Mess

EFCC LogoMr. Henry Oki, Managing Director of Halliburton Energy Services in Nigeria has opened up to EFCC operatives all he knew about the N13.5 billion Halliburton money scandal: “It is important to state that the person that communicated the Federal Government of Nigeria bank details as well as D.D. Dodo’s bank details was a prominent member whom the AGF delegated to engage with us in person of Mr. Roland Ewubare.”

“On the 11th of December 2010, the FGN and Halliburton entered into a Settlement and Non-Prosecution Agreement for the dismissal of the law suit in exchange for an ex-gratia payment of $32.5million into FG dedicated account. Halliburton was also to shoulder the FG legal cost to its designated counsel with the assurance from the government that such payments were legal under Nigerian laws and regulations.”

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“The agreements were signed by the AGF on behalf of the Nigerian government and in the presence of EFCC Secretary, Mr. Emmanuel Akomaye in London. Halliburton’s Easter Hemisphere President signed the agreement in the presence of Mr. James Ferguson, the Senior VP and Deputy General Counsel.”

“The bank details in Schedule 1 and 2 of the agreement were found to be incomplete and incorrect by Halliburton Treasury and bankers (CITIBANK) on the 14th of December, 2010. Halliburton asked for the corrected bank information from the Federal Government and her legal counsel which was provided to us on the 16th of December by Roland Ewubare on the email provided.”

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“The account is an escrow account. I am not sure at this point if the change in bank account details was by way of addendum. However, we were advised by the bank that this as a bonafide Federal Government of Nigeria account.”