STATE NEWS
Texas oilman finishes sentence at home
08:30 AM CDT on Tuesday, October 28, 2008
HOUSTON -- A Texas oil executive has been transferred from a halfway house to his own home to finish serving a prison sentence for approving the payment of millions of dollars in kickbacks to Saddam Hussein’s Iraq regime.
Oscar Wyatt Jr., 84, began serving the final stint of his sentence at home last week, said attorney Carl Parker. Wyatt is scheduled to be released Nov. 15, according to the Federal Bureau of Prisons.
Wyatt pleaded guilty in October 2007 to one count of conspiring to make illegal payments for Iraqi oil. In pleading guilty, he acknowledged he had orchestrated a $200,000 payment to Saddam Hussein’s government.
Wyatt was sentenced to a year and a day in prison, but it has been trimmed because of good behavior, the Houston Chronicle reported Monday in its online edition. Besides the prison sentence, he agreed to forfeit $11 million.
Wyatt was transferred on Sept. 22 from a minimum-security federal prison to a halfway house in downtown Houston.
During the day, Wyatt reports to a law firm for his work assignment and he is allowed to spend the nights at home.
He has not been required to wear an ankle bracelet, his wife, Lynn Wyatt, said.
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