Feds Blasted Over Sentencing Threat In Oil-For-Food Case

Law360, New York (October 7, 2011, 4:23 PM EDT) -- A Canadian man who admitted to bribing Iraqi officials to help his company Innospec Inc. secure United Nations contracts ripped federal prosecutors in Washington on Thursday after they threatened to withdraw their recommendation that he serve a relatively lenient 7 1/2-year sentence.

Ousama M. Naaman admitted he had made some mistakes during his years of cooperation with federal investigators, but argued none of his errors merited retribution from prosecutors who had promised to support a 25 percent reduction in his recommended 10-year sentence.

"For reasons that...
To view the full article, register now.




Case Information

Case Title


Case Number



District Of Columbia

Nature of Suit

Date Filed

August 6, 2008

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.