Parker Drilling reaches N2.5bn settlement over Nigerian and Kazakhstan bribery charges
19.02.2013
BY Michael Eboh
Parker Drilling Company, a global contract drilling firm with presence in Nigeria has reached a $15.8 million (N2.496 billion) settlement with the United States’ Security and Exchange Commission, SEC and Department of Justice over bribery allegations in its transactions in Nigeria and Kazakhstan.
According to a statement by the...