Former KBR chairman, CEO going to prison

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FRIDAY, FEBRUARY 24, 2012 12:26:00 PM

BY MICHAEL P. TREMOGLIE

WASHINGTON (Legal Newsline) -- The former chairman and CEO of Kellogg, Brown & Root Inc. has been sentenced to prison for violating the Foreign Corrupt Practices Act.

The U.S. Department of Justice said Feb. 23 that Albert "Jack" Stanley, 69, has been sentenced to 30 months in prison. He was convicted of bribing Nigerian government officials to obtain engineering, procurement and construction contracts and for conspiring to commit mail and wire fraud as part of a separate kickback scheme.

Stanley also was sentenced to serve three years of supervised release following the prison term and to pay $10.8 million in restitution to KBR, the victim of the separate kickback scheme. read more