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Thursday, March 3, 2016

R.I.P Aubrey McClendon, part owner of OKC Thunder NBA team


Aubrey McClendon, Former chief executive of Chesapeake energy company and part owner of the OKC Thunder NBA team, died Wednesday in what appears to be a suicide vehicle accident. McClendon was indicted on bid-rigging charges a day before the fatal accident.  

The Department of Justice said in a statement that McClendon orchestrated a scheme between two large energy companies, which are not named in the indictment, from December 2007 to March 2012. The companies would decide ahead of time who would win bids, with the winner then allocating an interest in the leases to the other company, according to the statement.

McClendon denied violating antitrust laws and planned on fighting to prove his innocence and clear his name.


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