Mgt 4478 - 981 Words

1) Yes the alleged payments of bribes to Nigerian government officials by Jeffrey Tesler would be considered facilitating payments under the terms of the Foreign Corrupt Practices Act. The Foreign Corrupt Practices Act or also known as FCPA is against the bribery of foreign officials, essentially government officials in an attempt to reduce corruption and money laundering through the global financial system. Corrupt political officials and those in high army office were targeted with a view to preventing government officials from exploiting their positions to gain unfair commercial advantage. Tesler had long-standing relations with some 20 to 30 senior Nigeria government and military officials. Also Tesler promised to funnel big sums†¦show more content†¦It took the company until 2004 for Halliburton to stop their long standing relationship with Jeffrey Tesler and asked three partners in Nigeria to do the same. This should have taken place in 1999 when they rehired him to help with other contracts they won. 6) I believe that Halliburton should be called into account if it is shown that is KBR united used bribery to gain business in Nigeria. As an employee of a company you represent that company on and off the job. Therefore, its corporation and its officers should be held accountable for ethically or unethically suspects activities by the managers in one of its subsidiaries. Even though many of these activities have taken place before Halliburton owned the subsidiary they should have done a background check of the subsidiaries to make sure they knew what they were getting. For example Wojciech Chodan had hand written notes on the encore him and Tesler had, these notes showed signs of embezzlement. Halliburton should have done their research before buying KBR out. On a personal level I feel they are just as responsible for the mistakes that happened before they owned KBR as they are responsible for the mistakes made while owning KBR. Hill, C. (2011). International business, competing in the global marketplace. (8 ed.). New York, NY: McGraw-Hill Irwin. N, A. (n.d.).