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20 Nov 2012

Nichola Groom, Reuters

Chevron accuses NY State comptroller of ethics breach

Chevron sought to open an investigation…into New York State Comptroller Thomas DiNapoli, claiming he pressured the oil company to settle environmental litigation in Ecuador in exchange for campaign contributions from supporters of the lawsuit's plaintiffs. Chevron said it filed a complaint…seeking a probe of DiNapoli and current and past members of his staff…Chevron said the plaintiffs' supporters have contributed more than $60,000 to DiNapoli's campaign, as well as "other political benefits."…DiNapoli oversees the New York State Common Retirement Fund, which owns more than $800 million of Chevron stock…"This is a baseless attempt by big oil to intimidate me," DiNapoli said in a statement. "The allegations are without merit." [also refers to Texaco (part of Chevron)]