Texas Oilman Sentenced To Two Years In Iraq Oil-For-Food Case

The Washington Post reports here on the two year sentence handed down yesterday in Manhattan federal district court to Texas oilman David B. Chalmers. Chalmers pled guilty in August to conspiracy to commit wire fraud, based on kickbacks he and his company paid to Saddam Hussein’s regime during the pendency of the U.N. Oil-For-Food Program. U.S. District Judge Denny Chin also fined Chalmers $9 million dollars and sentenced his companies, Bayoil USA and Bayoil Supply & Trading, to three years probation.