Innospec Agent Gets 30 Months For Iraqi Bribery Scheme

Law360, New York (December 22, 2011, 6:40 PM EST) -- Former Innospec Inc. agent Ousama Naaman was sentenced Thursday to 30 months in prison and fined $250,000 for his role in a conspiracy to defraud the United Nations' Oil-for-Food program and bribe ex-Iraqi government officials.

Naaman pled guilty in June 2010 to one count of conspiracy to commit wire fraud, violate the Foreign Corrupt Practices Act, and falsify the books and records of a U.S. issuer, as well as one count of violating the FCPA.

He was arrested in Frankfurt, Germany, on July 30, 2009, and...
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