UPDATED: FirstEnergy charged federally, agrees to terms of deferred prosecution settlement Comment sought from Rep. Wilkin on HB 6
The Highland County Press
House Bill 6, as previously reported, was co-sponsored by Republican Reps. Shane Wilkin, R-Hillsboro, and Jamie Callender, R-Lake County.
The bill included a $1 billion bailout for two nuclear power plants operated at the time by a wholly-owned subsidiary of Akron-based FirstEnergy Corp.
According to the federal criminal complaint, a conspiracy to pass the bill had its roots on a flight FirstEnergy provided to former Ohio House Speaker Larry Householder, R-Glenford, and his son to President Donald Trump’s January 2017 inauguration.
FirstEnergy to pay $230 million
By Mark Gillispie, Julie Carr Smyth and Farnoush Amiri - Associated Press
Acting U.S. Attorney Vipal J. Patel, center, accompanied by FBI Special Agent in Charge Chris Hoffman, speaks Thursday during a news conference in Cincinnati. Federal authorities say Akron-based FirstEnergy Corp. would pay a $230 million penalty and fully cooperate as part of an agreement announced Thursday to settle federal charges against the company in a sweeping bribery scheme in Ohio.
A worker drives a tractor through a tree farm May 18, 2011, in North Perry, Ohio, near the cooling towers of the Perry Nuclear Power Plant. A $60 million bribery case, involving ex-Ohio House Speaker Larry Householder and others, alleges to have helped prop up the Perry and Davis-Besse Nuclear Power Station in Oak Harbor, Ohio.
FirstEnergy to pay $230M to settle Ohio bribery case newstribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstribune.com Daily Mail and Mail on Sunday newspapers.
Nation
Associated Press
CINCINNATI – The energy giant at the center of a $60 million bribery scheme in Ohio admitted Thursday to new details of its role in the conspiracy as part of a settlement with federal prosecutors, including how it used dark money groups to fund the effort and paid a soon-to-be top utility regulator to write the legislation it got in exchange.
Akron-based FirstEnergy Corp. is charged with conspiracy to commit wire fraud under the deal, Acting U.S. Attorney Vipal J. Patel and FBI Special Agent in Charge Chris Hoffman announced at a press conference.
The charge would be dropped if the company complies over three years with a list of required actions in the deal, including paying a $230 million criminal penalty and continuing to fully cooperate with investigators.
An Energy Company Behind A Major Bribery Scandal In Ohio Will Pay A $230 Million Fine southcarolinapublicradio.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southcarolinapublicradio.org Daily Mail and Mail on Sunday newspapers.