Nigeria: KBR's Bribery, Who Pays the Price How large-scale bribery by multinationals undermines the developing world

In a Federal courtroom in Texas last September, Albert "Jack" Stanley, the former CEO of KBR, pleaded guilty to bribery. The scheme he masterminded to secure a massive natural gas contract in Nigeria's Bonny Island, involved $180 million in bribe payments to grease the deal. Stanley now faces seven years in prison, while KBR, then a subsidiary of Halliburton, was fined more than half a billion dollars earlier this year by the U.S. Department of Justice. It became the largest fine ever handed down to a U.S. company for bribing overseas.

While the penalties for bribery are hitting record highs, the cases are also revealing how devastating large-scale corporate corruption can be to a country like Nigeria. In this report, which aired on PBS NewsHour on April 24, Lowell Bergman investigates the complex web of fraud and self-enrichment around the KBR deal, and who is ultimately paying the price.