Halliburton Reaches Plea Agreement with Department of Justice

The Fine for Destroying Evidence: $200,000

In the second quarter of 2013, Halliburton earned profits of $679 million. The fine for destroying evidence represents a paltry .03% of its second quarter profits.

According to the Department of Justice, Halliburton has signed a guilty plea agreement in which the corporation has agreed to plead guilty and admit its criminal conduct.

As part of the plea agreement, Halliburton, subject to the court’s approval, will pay the statutory fine of $200,000 and be subject to three years of probation.

The Justice Department has also said it won’t pursue further prosecution of Halliburton.

A court hearing at which the district court judge will consider whether to accept the plea agreement is scheduled for September 19.

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A Sweet Deal for Halliburton

“Given the scale of the harm caused by the oil spill, it seems surprising that the government would accept a plea to a relatively minor charge,” said J. Kelly Strader, a law professor at Southwestern Law School. Destruction of evidence often leads to multiple felony counts, he said, including obstruction of justice, as it did in the case of Enron’s market ma­nipu­la­tion a decade ago.

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Number Date Name Add a Comment
3110 2.2 years ago Anonymous
3109 3.8 years ago Bradley Buck
3108 3.9 years ago Angel Torres
3107 3.9 years ago Peter Gutterman
3106 3.9 years ago Donna McKee Although this comment is after the scheduled trial date of Sept. 19, 2013, I STRONGLY believe that the deal between the DOJ and Halliburton must be challenged. The fine was a pathetic, paltry $200,...
3105 4 years ago Deborah Burckhardt
3104 4.1 years ago William Busching
3103 4.1 years ago Josh Swink
3102 4.1 years ago Mark Teig
3101 4.1 years ago James Powers
3100 4.1 years ago Lawrence Simms
3099 4.1 years ago Donald Kokkonen
3098 4.2 years ago Robert Higbie
3097 4.2 years ago William Shirey
3096 4.2 years ago Mike M
3095 4.2 years ago Connie Jones This company must have inside help, they are always involved in illegal situation but the fines are always low, they should be banded altogether from getting any government contracts.
3094 4.2 years ago Anonymous
3093 4.2 years ago Doris (Jody) Wilson
3092 4.2 years ago Carolyn Croom
3091 4.2 years ago Julie Perkins
3090 4.2 years ago Peter Van Zant
3089 4.2 years ago Anonymous
3088 4.2 years ago James R. Dawson
3087 4.2 years ago David Carnese
3086 4.2 years ago Robert Whitney
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