Dow Jones/AP
WASHINGTON — Chicago Bridge & Iron Co., a Netherlands-based engineering and construction company, has received a subpoena from a Securities and Exchange Commission investigation into a Halliburton Co. construction project in Nigeria where Chicago Bridge was a subcontractor.
Houston-based Halliburton's foreign operations have been the focus of investigations by various regulatory agencies. The U.S. Department of Justice and the SEC have been investigating allegations of bribery of Nigerian officials connected to the construction of a natural-gas liquefaction plant at Bonny Island.
Halliburton said it was under formal SEC investigation in June 2004.
Chicago Bridge & Iron said in its filing Friday with the SEC that it is cooperating with the request, but it didn't provide further details about the subpoena.
Monday, August 22, 2005
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