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New Mexico Attorney General Faces Fraud, Corruption Allegations Amid Power Company Merger

New Mexico Attorney General Faces Fraud, Corruption Allegations Amid Power Company Merger
Civic and environmental groups accuse AG Hector Balderas of improper dealings with a lawyer and longtime friend.
Published
New Mexico Attorney General Hector Balderas may have violated state fraud and anti-corruption laws by hiring the firm of an old law school friend to work on several lucrative cases for the state, according to a complaint filed with the state auditor in mid-July.
The five environmental and civic groups behind the complaint are asking State Auditor Brian Colón to investigate the potential violations as well as alleged “overbilling and duplicative billing” by a firm where Balderas’ longtime friend Marcus Rael is a partner. The attorney general is required to sign off on hires and billing. ....

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AG faces ethics complaint in utility merger

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Editor’s note: This story was originally published by Searchlight New Mexico, a nonprofit investigative news organization. A longer, unedited version can be found at http://www.searchlightnm.org/
Attorney General Hector Balderas
Attorney General Hector Balderas’ relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to persuade Balderas to sign off on a multibillion-dollar utility merger.
The merger between a global energy giant and New Mexico’s largest utility could drastically changes electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance. ....

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New Mexico Attorney General Accused of Violating State Ethics Laws in Negotiating Utility Merger

The Paper.
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Questions Surround AG s Relationship With Lawyer Representing PNM Utility Merger
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Smoke billows from the San Juan Generating Station in Waterflow. / Don J. Usner for Searchlight New Mexico
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Attorney General Hector Balderas’ cozy relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to convince Balderas to sign off on a multi-billion-dollar utility merger. The merger between a global energy giant and New Mexico’s largest utility could drastically change electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance. ....

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New Mexico attorney general accused of violating state ethics laws in negotiating utility merger

Powerful ties
July 16, 2021
Attorney General Hector Balderas’ cozy relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to convince Balderas to sign off on a multi-billion-dollar utility merger. The merger between a global energy giant and New Mexico’s largest utility could drastically change electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance.
For eight months, the state has been involved in negotiations over a proposed merger between Connecticut-based Avangrid and Public Service Company of New Mexico (PNM), the state’s largest utility. Rael, who frequently represents the state, was hired to represent Avangrid’s parent company in the negotiations. ....

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Powerful ties: New Mexico attorney general accused of violating state ethics laws

Powerful ties: New Mexico attorney general accused of violating state ethics laws
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