Violation Tracker Individual Record

Company: 
Halliburton Company
Current Parent Company: 
Halliburton
Penalty: 
$29,200,000
Year: 
2017
Date: 
July 27, 2017
Primary Offense: 
Foreign Corrupt Practices Act
Secondary Offense: 
accounting fraud or deficiencies
Violation Description: 

Halliburton Company agreed to pay $29.2 million to settle allegations that it violated the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act while selecting and making payments to a local company in Angola in the course of winning lucrative oilfield services contracts.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Texas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
oilfield services and supplies
Specific Industry of Parent: 
oilfield services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.