KBR pleads guilty in Nigeria bribes case

Houston-based KBR pleaded guilty today to federal criminal charges alleging it paid millions of dollars in bribes to Nigerian officials to win contracts to build a massive natural gas project in the country.

The engineering giant and military contractor will pay $402 million in fines and spend three years under the watch of a court-appointed monitor, according to the plea agreement entered before U.S. District Judge Keith Ellison.

The five charges