On August 7, 2008, Ousama Naaman, a citizen of Abu Dhabi, United Arab Emirates and Canada, was indicted in U.S. District Court for the District of Columbia. He was arrested on July 30, 2009, in Frankfurt, Germany, and extradited to the United States.
Naaman admitted to paying and promising to pay more than $6.8 million USD in bribes from 2004 to 2008, in the form of cash, travel and entertainment, to officials of the Iraqi Ministry of Oil and the Trade Bank of Iraq to secure sales of tetraethyl lead in Iraq, as well as to secure more favorable exchange rates on the contracts for his company, Innospec Inc.
Naaman plead guilty on June 25, 2010, to two charges: one count of conspiracy to commit wire fraud, violate the Foreign Corrupt Practices Act (FCPA), and falsify the books and records of a U.S. issuer; and one count of violating the FCPA. He was sentenced to 96 months in Federal prison and a fine of $2 million USD. (1)
On December 14, 2012, Ousama Naaman BOP Register Number 31056-016 was successfully treaty transferred back to Canada. (2)