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MAY 29, 2001

A federal judge last week approved a $25 million settlement against Koch Industries for theft of oil from federal and Indian lands.

The suit was brought by Bill Koch against the company run by his brother Charles Koch. About 44 percent of the leases a jury found the company underpaid were owned by the Osage Nation, whose Chairman Charles Tillman supported Charles.

For bringing the suit under the false claims act, Bill will get $7.37 million of the settlement. The government may redistribute some of the rest to tribes.

Get the Story:
Koch settles oil theft lawsuit (The Tulsa World 5/26)

Relevant Links:
Koch Industries - http://www.kochind.com
The False Claims Act Legal Center - http://www.taf.org
The Qui Tam (False Claims) Online Network - http://www.quitamonline.com
The Osage Nation of Oklahoma - http://www.osagetribe.com

Related Stories:
Osage oil not so good for water (5/25)
Norton: Cooperation not conflict (5/25)
Norton: Indian Country won't get ripped off (5/24)
Osage Nation seeks new oil field (5/24)
In The Hoop: Oil, Bison, and Indians, Part II(5/24)
In The Hoop: Oil, Bison, and Indians, Part I(5/23)
Norton to meet with Osage leader (5/23)

Background on the Koch lawsuit:
Koch ready to settle oil suit (10/27)
Oil royalty case settled (10/25)
Judge upholds Indian oil ruling (7/12)