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Nixon pick for deputy defense secretary amid major fraud suit
William P. Clements Jr., named to be deputy secretary of defense by President Nixon, is a central figure in a civil case filed in Dallas federal court by Antonio Diaz of Buenos Aires. The suit accuses Clements and Sedco of fraud and conspiracy over a 1,000 well Argentina drilling contract that propelled Sedco to $130 million in annual gross, while tax disputes and record destruction add complexity to the case.
MENTIONED IN THIS ARTICLE
H. L. Schwartz
Dallas
William P. Clements Jr
Nixon
Pentagon
Clements
Southeastern Drilling Co. of
Busi
The
Dallas News
White House
U.S. District Court
Argentina
Southeastern
Sedco Inc
Sedco
Antonio A. Diaz
Buenos Aires
Diaz
Senate Armed Services Committee
Washinton
New Orleans
Securities and Exchange Commission
Internal Revenue Service
IRS
U. S. District Court
Panama
Southeastern Drilling Co
S.A
United States
U.S
Washington
SEC
Gov
Stanley Krysa
Justice Department
Tex