Nigeria May Drop Bribery Charges Against US Ex-VP
Nigeria May Drop Bribery Charges Against US Ex-VP

Nigeria may drop bribery charges against former U.S. Vice President Dick Cheney and oil services company Halliburton.

Prosecutor Godwin Obla says officials are considering the move after "fruitful" discussions with Halliburton representatives in London last week.

A spokesperson for Nigeria's Economic and Financial Crimes Commission said parties involved in the case offered to pay a fine to have the case dropped. The Nigerian government must approve any settlement deal.

Last week, Nigerian prosecutors filed a 16-count charge against Cheney and several other former and current Halliburton officials for alleged bribery dating back to the mid-1990s.

Cheney was head of the company from 1995 to 2000, before becoming vice president.

Halliburton has denied involvement, and a lawyer for Cheney says the accusations are baseless.

The oil service firm and its subsidiary, KBR, are accused of paying more than $180 million in bribes between 1995 and 2005 to win contracts to build natural gas facilities in Nigeria.

Last year, KBR paid fines of $577 million to the U.S. Justice Department and U.S. Security and Exchange Commission on separate charges related to the scandal.