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Chevron Files Ethics Complaint Against NYS Comptroller
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FBN's Liz MacDonald on Chevron accusing New York state comptroller Tom DiNapoli of ethics violations.
- Duration 1:57
- Date Nov 20, 2012
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FBN's Liz MacDonald on Chevron accusing New York state comptroller Tom DiNapoli of ethics violations.
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I -- rare move today Chevron files an ethics complaint against a hot New York State finance -- accusing him.
-- breaching his fiduciary duty -- -- McDonnell is on the story with the latest -- It's politics on way back yeah -- placed on listen nasty fight Tracy here's let me just laid out view Chevron acquired Texaco Texaco did is accused of a massive oil spill.
Bigger than the side of size of Rhode Island.
A 50% bigger than Exxon Valdez spill in Ecuador at quarter in courts want eighteen billion box out of Chevron.
New York State pension fund has invested nearly 800 million dollars in Chevron now the -- -- state finance chief and Thomas Napoli.
Has been attacking Chevron think you got to settle this is like a hammer over the heads of the pension fund.
And basically he's saying now these accusations coming from Chevron and ethics complaint has been filed by Chevron.
Against Thomas the Napoli accusing him of taking 60000 dollars in campaign donations from the other side of this fight.
Also being offered access to.
Free airplane rides.
-- not claim that it took the rides but there's on the planes but they're saying he was that he -- -- offered him now.
He has come back out and this is what is telling Fox Business offense with -- there.
Basically as a base of the -- by -- -- to intimidate me allegations are without merit.
Chevron refused that the -- with two decade long battle for polluting the Amazon in Ecuador.
And Chevron has denied responsibility and distorted the facts but I'll tell you something what's really interesting here Tracy.
Is that Thomas the Napoli has written op -- -- he's put up press releases saying.
Chevron basin created an oil spill the size of Rhode Island and industrial cancer is -- so has gone on the attack and Chevron is now attacking him.
So it's an interesting fight that's up playing out in the media that the big headline today -- politics that's right this time thank you bring to answer.
And we have some breaking news on oil.