Aubrey McClendon was charged after a federal antitrust investigation and vowed to clear his name just hours before he drove into an Oklahoma bridge
At 09.12 am on Wednesday morning Aubrey McClendon, billionaire athletics squad owned, oil executive and visionary innovator of the US fracking revolution, pretty much drove straight into a bridge on a quiet country road in Oklahoma. His 2013 Chevrolet Tahoe burst into flames instantly killing the 56 -year-old executive, who was not wearing a seatbelt.
The crash, which did not involve any other vehicles, came merely hours after McClendon, was charged by the Justice Department with conspiring to rig bidding for oil and gas contracts over several years.
McClendon, who built his former oil company Chesapeake Energy into the USs second-biggest natural gas producer with seed fund of merely $50,000, had on Tuesday night vowed to fight to demonstrate my innocence and to clear my name.
The charge that has been filed against me today is wrong and unprecedented, he said in a statement late on Tuesday night. I have been singled out as the only person in the oil and gas industry in over 110 years to have been accused of this crime in relation to joint bidding on leasehold.
Anyone who knows me, my business record and the industry in which I have worked for 35 years, knows that I could not been found guilty of violating any antitrust statutes. All my life I have worked to create jobs in Oklahoma, grow its economy, and to provide abundant and affordable energy to all Americans. I am proud of my track record in this industry, and I will oppose to demonstrate my innocence and to clear my name.
McClendon, who leaves behind his wife Katie and their three children Jack, Callie and Will, was charged following a virtually four-year federal antitrust investigation into alleged rigging of drilling rights in rural Oklahoma between at least December 2007 to March 2012. He faced up to 10 years in prison, and a maximum fine of$ 1m for each violation.
The high-rolling businessman known across America for his lavish lifestyle including extensive employ of private planes, professional basketball squad, Bordeaux vineyard and $12 m (8. 5m) antique map collection was due in tribunal on Wednesday morning. He died before he could seem.
Captain Paco Balderrama of Oklahoma City police told McClendon was driving at a high rate of velocity in a 40 mph zone where reference is pretty much drove straight into the wall.
There was plenty of opportunity for him to correct or get back on the roadway and that didnt pas, Balderrama told. The police said they were only able to identify McClendon as the driver after being contacted by the businessmans personal security guards.
Balderrama on Thursday released recordings of 911 bellows following the crash. The accident looks pretty bad, one caller told. It looks like they swerved and made[ the wall ].
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