5/29/2023 0 Comments Kochland by christopher leonardThe allegations would be confirmed or disproven in part by the very documents Hanna was allowing to be destroyed. At the time, Koch Industries was the biggest purchaser of crude oil in the country, and Senate investigators believed that the company was stealing from its producers by misreporting how much oil it picked up from their wells. Senate had just launched an investigation into Koch Industries for stealing oil from leases on Indian reservations. Coming when it did, it could also be seen as a license to destroy evidence. Then, he ordered that “written materials which would be useful to our competitors should be destroyed by shredding, burning, or some equally effective method.”Īt any other time, Hanna’s memo might have been standard advice for a secrecy-minded company. He reminded employees at the oil company that there was a code of secrecy for internal records. On July 11, 1988, the president of Koch Industries, Bill Hanna, sent a companywide memo informing employees how to handle company records.
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