U.S. District Judge Keith Ellison, who handed down the sentence yesterday in Houston, also sentenced Stanley, 69, to three years of supervised probation.
Stanley pleaded guilty in September 2008 to violating the U.S. anti-bribery law, the Foreign Corrupt Practices Act, and agreed to make restitution of $10.8 million, of which $1.55 million remains to be paid. He faced as long as seven years in prison under the terms of his cooperation agreement.
Larry Veselka, Stanley’s lawyer, asked that his client be sentenced to house arrest instead of prison, saying Stanley’s cooperation resulted in eight felony guilty pleas, four deferred-prosecution agreements and fines of $1.7 billion.
Stanley was “the linchpin, the foundation of the largest, most successful FCPA investigation ever,” Veselka said.
“That’s a double-edged sword,” Ellison replied of the record fines resulting from the Nigerian bribery investigation. “It’s the largest because it was the greatest corruption, wasn’t it?”
A 12-year-old boy was among five people who died in the fiery crash of a small...
Quincy Jones, the multi-talented music titan whose vast legacy ranged from producing Michael Jackson’s historic “Thriller”...
Boeing machinists voted to approve a contract offer on Monday, closing the book on a bruising...
Abdi Nageeye, 35, from the Netherlands, claimed victory in the men’s race of the New York...
