Jamie

Former Dynegy Inc. tax executive Jamie Olis, currently serving a six-year prison sentence for his role in an accounting scheme, has asked a federal court in Houston to set aside his convictions and free him, or grant him a new trial, according to a petition filed Friday.

Jamie Olis, Dynegy Inc.’s former senior director of tax planning, was resentenced in Houston Friday to six years in prison. Olis had been convicted in 2003 and sentenced to 24 years in prison for his part in helping Dynegy inflate its reported cash flow in 2001 through a complex scheme known as Project Alpha (see Daily GPI, Nov. 17, 2003).

Jamie Olis, Dynegy Inc.’s former senior director of tax planning, was resentenced in Houston Friday to six years in prison. Olis had been convicted in 2003 and sentenced to 24 years in prison for his part in helping Dynegy inflate its reported cash flow in 2001 through a complex scheme known as Project Alpha (see NGI, March 29, 2004).

Jamie Olis, 38, a former tax executive for Dynegy Inc., was sentenced Thursday to 24 years in prison for his role in disguising the company’s finances within a transaction dubbed “Project Alpha,” which hid $300 million in debt.

Federal prosecutors in Houston are recommending that former Dynegy Corp. executive Jamie Olis receive 15 years in prison for his role in the company’s Project Alpha transaction, according to court briefs filed on Tuesday. Olis’ original 24-year sentence was overturned in November by the Fifth Circuit Court of Appeals in New Orleans (see Daily GPI, Nov. 2).

After refusing to testify against his co-workers, former Dynegy tax attorney Jamie Olis, one of the architects of Project Alpha, was sent to a minimum security federal prison in Texas Thursday to begin serving a 24-year sentence. He was convicted of conspiracy and five counts of securities, wire and mail fraud last year for helping push through the 2001 scheme.

After refusing to testify against his co-workers, former Dynegy tax attorney Jamie Olis, one of the architects of Project Alpha, was sent to a minimum security federal prison in Texas Thursday to begin serving a 24-year sentence. He was convicted of conspiracy and five counts of securities, wire and mail fraud last year for helping push through the 2001 scheme.

The federal judge who sentenced ex-Dynegy Inc. accountant Jamie Olis to 24 years in prison last month was asked by the defense to reconsider.

The federal judge who sentenced ex-Dynegy Inc. accountant Jamie Olis to 24 years in prison last week was asked on Monday to reconsider.