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by Mike Caswell

A U.S. federal judge has imposed a three-year jail term on Vancouver's Naeem Tyab, who pleaded guilty to charges arising from a bribery scheme involving diplomats from Africa. Prosecutors claimed that Mr. Tyab arranged payouts to officials from the country of Chad in order to secure oil rights in that country. The payouts led to Mr. Tyab realizing $27.6-million in illegal gains, prosecutors said. (All figures are in U.S. dollars.)

Mr. Tyab received his sentence on Wednesday, Sept. 6, in an appearance before a judge in the District of Columbia. In addition to the three years in jail, the judge ordered Mr. Tyab to serve three years of supervised release. The judge will also determine the assets that Mr. Tyab will forfeit, but he did not decide that matter on Wednesday.

The sentence is a loss for Mr. Tyab, who had asked the judge to spare him jail. He said that his crime arose at the direction of his now-deceased business partner and mentor, Brad Griffiths. He claimed that he was motivated by his admiration for Mr. Griffiths, a "legend of Bay Street," and went along with the bribes even if it meant breaking the law. (Mr. Griffiths died in a boating accident in 2011, long before prosecutors filed the case. He was one of the founders of Toronto's GMP Capital Inc.)

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