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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

FCPA Violations in Angola

The U.S. Securities and Exchange Commission (SEC) charged Halliburton Company with violating the Foreign Corrupt Practices Act (FCPA) in the course of seeking oilfield services contracts in Angola from 2008 to 2010. The SEC found that Halliburton committed to using a particular local Angolan supplier that posed significant FCPA risks, and that a former Halliburton vice president, Jeannot Lorenz, circumvented important internal accounting controls when conducting the deal. Halliburton agreed to pay $29.2 million to settle the case. Halliburton also agreed to obtain an independent compliance consultant to oversee its anti-corruption policies and procedures in Africa. Jeannot Lorenz agreed to pay a $75,000 penalty for causing the company’s violations, circumventing internal accounting controls, and falsifying books and records. Halliburton and Lorenz consented to the SEC’s order without admitting or denying the findings.

Misconduct Type
Ethics
Enforcement Agency
SEC
Contracting Party
International
Court Type
Administrative
Disposition
Settlement
Date of Order
7/27/2017
Contractors Involved Penalty
Total
Halliburton $29,275,000
Further Information Released
Halliburton Press Release 7/27/2017
SEC Order 7/27/2017
SEC Press Release 7/27/2017

Federal Contractor Misconduct Database