Underwriter withdraws from Alabama prison lease project ncadvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ncadvertiser.com Daily Mail and Mail on Sunday newspapers.
Gov. Kay Ivey disappointed as underwriters pull out of Alabama prison deal
Updated 2:28 PM;
Today 11:47 AM
Inmates sit in a treatment dorm at Staton Correctional Facility in Elmore, Ala., Wednesday, Sept. 4, 2019. The Department of Justice sued Alabama in December 2020 over excessive violence and other problems in state prisons for male inmates. (AP Photo/Kim Chandler) APAP
Facebook Share
Gov. Kay Ivey said this morning she was disappointed that the investment bank Barclays has withdrawn from underwriting the financing of two privately owned prisons that Alabama would lease and operate.
The governor said Barclays’ decision would not stop the plan to lease new prisons, which the Ivey administration and the Alabama Department of Corrections have been working on for more than two years.
Alabama News
Updated:
On Friday, April 16, Alabama state troopers arrested a man for Reckless Murder. Anthony Reed Gann, 29, of Tallassee is the man facing charges.
Police say a Tallassee teen was killed during a crash in which Gann was the driver of the vehicle. The crash happened on Friday, February 5 on Upper River Road in Elmore County. The car Gann was driving left the roadway and struck a tree. The teen was a passenger in the vehicle.
An investigation into the crash lead officer to charge Gann with Reckless Murder. He was taken to Elmore County Jail without incident and given a $60,000 bond.
Reckless murder charge filed in crash that killed Alabama teen AL.com 2 hrs ago Jeremy Gray, al.com
A 29-year-old Tallassee man was arrested today by Alabama state troopers on a reckless murder charge in connection to a wreck that killed a 16-year-old.
The Alabama Law Enforcement Agency provided this account.
At approximately 11:18 a.m. on Feb. 5, the teen passenger in a 2017 Hyundai Tucson driven by Anthony Reed Gann was killed when the vehicle left Upper River Road and struck a tree.
Gann was transported to the Elmore County Jail without incident, with bond set at $60,000.
ALEA did not identify the teen killed in the crash.
Reckless murder charge filed in crash that killed Alabama teen al.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from al.com Daily Mail and Mail on Sunday newspapers.