Thursday, April 14, 2005

More Oil-for-Food Program Indictments

The United States Attorney's Office for the Southern District of New York announced today the unsealing of an indictment of three as-yet unnamed individuals, one from Texas and the others are Bulgarian and UK citizens, along with two companies controlled by the Texan, for paying kickbacks related to the U.N.'s Iraq Oil-for-Food program.  This is the second indictment in the investigation of corruption in the program (earlier post here).  An AP story (here) discusses the information available at this time, and more should be available after U.S. Attorney David Kelley's press conference today. (ph)

                                                                            

UPDATE (4/14): An updated AP story (here) states that two of the defendants are David Chalmers, Jr., a Houston businessman who owns two oil companies (BayOil (USA) Inc. and BayOil Supply & Trading Ltd.) also named as defendants in the indictment that benefited from the alleged kickbacks by selling Iraqi oil, and Ludmil Dionissiev, a Bulgarian who is a permanent U.S. resident.  Chalmers and Dionissiev were arrested in Houston.  The third defendant, John Irving (not the author, I assume) is a UK citizen who will have to be extradited. The indictment is here (through the Houston Chronicle). (ph)

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Fraud, International, Prosecutions | Permalink

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