[JURIST] AP is reporting that a Texas businessman and citizens of Bulgaria and Britain have been indicted in connection with the United Nations Oil-for-Food Program [official website] scandal according to US Attorney David N. Kelley [official website]. Kelley has scheduled a late-morning news conference to announce the unsealing of the indictment, which includes two companies operated by the Texan. A criminal complaint charging a South Korean citizen with conspiracy to act as an unregistered government agent in the US for the Iraqi government's effort to create the oil-for-food program will also be unsealed.

2:05 PM ET – Those charged under the first indictment [PDF] have been named as David B. Chalmers, owner of Bayoil (USA) Inc.; Ludmil Dionissiev, a Bulgarian citizen and permanent US resident, and Englishman John Irving. Chalmers and Dionissiev were arrested in Houston Thursday morning; Irving will be sought from the UK by extradition. The group is accused of paying millions of dollars in kickbacks to the Saddam Hussein regime and defrauding the UN Oil-for-Food program. The South Korean named in the unsealed criminal complaint [PDF] is Tongsun Park, charged with conspiring to act as an agent for the Iraqi government in the US. Read Kelley's press conference statement on Chalmers [PDF] and Park [PDF]. AP has more.