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The Teapot Dome Scandal of 1922-1923 , during the Harding administration, is the most notorious example. The leased land belonged to the US government and the leases were awarded without any public bidding in exchange for kick-backs.

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โˆ™ 2011-12-06 20:10:01
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Q: What scandal involved the private leasing of oil-rich land?
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Illegal leasing of government oil reserves to private oil companies by Secretary of the Interior Albert Fall?

The Teapot Dome Scandal


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The Teapot Dome Scandal centered around the secret leasing of federal oil reserves to private oil companies. The Secretary of the Interior, Albert Bacon Fall, received gifts of cash and other considerations from these companies.


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The Teapot Dome Scandal happened because The Secretary of the Interior, Albert B. Fall's, secretly leasing oil-rich public land to private companies in return for money or land.


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The Teapot Dome scandal was during President Harding's Administration. Secretary of the Interior Albert Fall was caught leasing land to navy oil reserves at Teapot Dome and two other locations. While no one really knows for sure, Harding probably knew nothing about this.


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Members of the Cabinet were implicated in the Teapot Dome Scandal, but not the then President.


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