Oil giant Halliburton Co will pay $29.2-million to settle civil charges it violated federal anti-bribery rules related to books, record-keeping and internal accounting controls while doing business in Angola, US regulators said Thursday. The Securities and Exchange Commission said Halliburton’s former vice president, Jeannot Lorenz, separately agreed to pay a $75 000 penalty in connection with the alleged violations of the Foreign Corrupt Practices Act.
