No prison for man in oil-for-food scandal

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhicker: Clemson demonstrates that it’s tough to knock out the champ “I’d like to apologize to the United Nations for my participation in the case,” said Dionissiev, who moved to the United States from Bulgaria 16 years ago. In all, 10 people and five companies have been charged in connection with schemes to cheat the oil-for-food program, which ran from 1996 to 2003. The program let the Iraqi government sell oil primarily to buy humanitarian goods. center_img NEW YORK – A Houston oil trader with a minor role in the United Nations’ oil-for-food scandal will not go to prison after admitting wrongdoing, a judge said Thursday. Ludmil Dionissiev, 61, pleaded guilty earlier this year to a smuggling charge for helping bring Iraqi oil into the United States in January 2001. In sentencing Dionissiev to two years of probation and ordering him to pay a $5,000 fine, U.S. District Judge Denny Chin called him the “least culpable” of those charged. Before he was sentenced, Dionissiev apologized, saying he knew what he was doing was wrong when he committed his crime. He said it was the “biggest mistake” of his life. last_img read more