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- Feb 26, 2006
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![_40967664_breaking_news_203.jpg](/proxy.php?image=http%3A%2F%2Fnewsimg.bbc.co.uk%2Fmedia%2Fimages%2F40967000%2Fjpg%2F_40967664_breaking_news_203.jpg&hash=664a6d3623c212f29b9aba2d735e922d)
American oil tycoon Oscar Wyatt has been sentenced to one year and a day in prison for conspiracy in the UN oil-for-food programme scandal.
The Texas oilman, aged 83, had agreed last month to plead guilty to conspiracy to commit wire fraud.
He admitted he agreed to pay $200,000 (£97,000) into an Iraqi bank account. Under the oil-for-food programme, some companies paid bribes to officials in Saddam Hussein's Iraq in order to secure contracts to buy oil.
Source: BBC