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Former Chesapeake CEO Aubrey McClendon has died in a car crash a day after being indicted for conspiracy

Linette LopezMar 3, 2016, 01:22 IST

CEO, Chairman, and Co-founder of Chesapeake Energy Corporation McClendon walks through the French Quarter in New Orleans, LouisianaThomson Reuters

Former Chesapeake Energy CEO Aubrey McClendon has died in a car accident.

It took place around 9 a.m. in Oklahoma and, according to officials, the car was going very fast.

On Tuesday, McClendon, 56, was indicted on conspiracy to rig bids for oil and natural-gas leases. He and other companies allegedly colluded to figure out who would win the bids.

McClendon maintained his innocence in the following statement:

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