A former chief financial officer of the U.S. Agency for International Development allegedly came up with a novel plan for propping up his retirement income.
Before retiring from his job, David Ostermeyer helped the agency draft a contract solicitation for a senior advisor. The problem was, the Justice Department announced on Friday, Oct. 25th, Ostermeyer planned to apply for the job after retiring.
In an effort to ensure it would go to him, he allegedly looked in the mirror – and found the perfect candidate, tailoring the solicitation to his specific skills and experience.
Ostermeyer, who left the agency in 2012, has agreed to pay the government $30,000 to settle allegations that he participated in a matter in which his personal financial interest conflicted with his official duties. As part of the settlement, he made no admission of wrongdoing.
Read more here: http://www.mcclatchydc.com/2013/10/25/206504/aid-official-settles-allegations.html#storylink=cpy