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An approximately $180M fund maintained by the [[TSKJ]] consortium, allegedly to bribe Nigerian officials to win contracts for the Bonny Island LNG project. In a Nov 5, 2004 [[Securities and Exchange Commission|SEC]] filing, TSKJ member [[Halliburton]] admitted that bribes "may have been paid" to Nigerian officials[http://www.commondreams.org/headlines04/1108-06.htm][http://allafrica.com/stories/200411090072.html]. Fund was maintained as a Gibraltar-registered entity named Tri-Star Investments, which was controlled by UK solicitor [[Jeffrey Tesler]], who was also a financial manager for members of the Nigerian [[Sani Abacha]] regime. In 1994 TSKJ set up a Madeira-based shell corporation, [[LNG Servicos]][http://www.corpwatch.org/article.php?id=9869]. Funds were transfered to Tri-Star LNG Servicos by TSKJfor "support contracts". Then equal amounts were moved to Tri-Star then , which disbursed the funds to secret bank accountsin locations such as Monaco and Switzerland. The transfers from LNG Servicos to Tri-Star appear to have taken place on a schedule which tracked the stages of contract awards by Nigeria LNG to TSKJ[http://www.vanguardngr.com/articles/2002/business/b425052004.html]. In 2004, Swiss officials froze accounts worth about $100M, purportedly related to the TSKJ activities, one at the request of French investigators[http://www.vanguardngr.com/articles/2002/cover/f406122004.html][http://cbs.marketwatch.com/news/archivedStory.asp?archive=true&dist=ArchiveSplash&siteid=mktw&guid=%7BB3809498%2DBF8B%2D48C9%2DA7FF%2D102C82643E36%7D&]. One of which, the payouts by Tri-Star was to a numbered Swiss account, was controlled by KBR chairman , and Cheney friend, [[Albert 'Jack' Stanley]], who was subsequently fired by KBR. The slush fund is currently being investigated by the US [[Department of Justice]] and [[Securities and Exchange Commission]], the UK [[Serious Fraud Office]], the French ''juge d'instruction'' [[Renaud Van Ruymbeke]], and a committee of the Nigerian parliament. Several principals, such as Teslerand [[Technip SA|Technip]] executive [[George Krammer]], appear to be cooperating with the authorities. ==Other SourceWatch Resources== *[[Albert 'Jack' Stanley]] *[[Halliburton]] *[[Jeffrey Tesler]] *[[Renaud Van Ruymbeke]] *[[Sani Abacha]]