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JUNEAU (AP) â An Alaska Department of Law investigation found there were no violations of state law or regulations in a contract awarded to the grandson of a major donor to an effort to elect the governor in 2018.
The law department outlined its conclusions in a Jan. 29 memo about the sole-source contract awarded to Clark Penney, grandson of developer Bob Penney, the Anchorage Daily News reported Wednesday.
Bob Penney gave more than $350,000 to a political group supporting the election of Republican Gov. Mike Dunleavy.
The Alaska Industrial Development and Export Authority awarded Clark Penney s company, Penney Capital, a contract in March 2019 worth $8,000 monthly to work with an economic development team formed by Dunleavy s administration.
No violations found in contract to Dunleavy donor’s grandson
by The Associated Press
Last Updated Feb 19, 2021 at 9:44 am EDT
JUNEAU, Alaska An Alaska Department of Law investigation found there were no violations of state law or regulations in a contract awarded to the grandson of a major donor to the governor’s 2018 election campaign.
The law department outlined its conclusions in a Jan. 29 memo about the sole-source contract awarded to Clark Penney, grandson of developer Bob Penney, the Anchorage Daily News reported Wednesday.
Bob Penney gave more than $350,000 to a political group supporting the election of Republican Gov. Mike Dunleavy.
Print article JUNEAU An Alaska Department of Law investigation found “no violations of state law or regulations” after a state-owned corporation awarded a sole-source contract to the grandson of a major contributor to Gov. Mike Dunleavy’s 2018 election campaign. The department’s conclusions were outlined in a Jan. 29 memo from Attorney General-designee Treg Taylor to Dunleavy’s chief of staff, Ben Stevens. The memo reviewed the contract with Clark Penney, grandson of developer Bob Penney, who gave more than $350,000 to a political group that supported Dunleavy’s election in 2018. The memo was released after a public records request from the Daily News.
January 29th |
Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million.
The Alaska Industrial Development and Export Authority took control of the Mustang project in December following years of fits and starts by former operator Brooks Range Petroleum Corp. that ultimately led the state-owned authority to foreclose on the project assets.
Approximately a year ago the AIDEA board of directors approved what ended up being the last in a series of amendments to its $70 million total equity investment in Mustang, which had previously been morphed into a loan to Brooks Range s parent companies.