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Former FirstEnergy CEO and Two Others Charged in Bribery Scandal


Two former executives of FirstEnergy and a former public utility commissioner have been indicted in a multimillion-dollar public corruption scandal according to Ohio’s attorney general, Dave Yost. Charles Jones, former CEO of FirstEnergy, Michael Dowling, former vice president of external affairs, and Samuel Randazzo, former chairman of Ohio’s Public Utilities Commission, are accused of engaging in bribery, fraud, and theft by paying Randazzo over $4.3 million to allow the company to overcharge customers.

The charges against the trio were filed on Friday and announced by Mr. Yost on Monday, marking the first indictments against FirstEnergy executives in Ohio’s history. The company has been accused of paying lawmakers and regulators millions of dollars in exchange for favorable treatment and subsidies. Mr. Randazzo is accused of accepting bribes from FirstEnergy and then lobbying for the company through shell companies he controlled.

The scandal first came to light in 2020 when Ohio’s House speaker, Larry L. Householder, was arrested for accepting a $60 million bribe from FirstEnergy in exchange for passing a $1.3 billion bailout for two nuclear power plants operated by the company. Mr. Householder was sentenced to 20 years in prison in June.

FirstEnergy spokeswoman Jennifer Young stated that the company had cooperated with law enforcement and is now under new leadership with a strong compliance program in place. The scandal has rocked Ohio’s political and business landscape, shedding light on the extent of corruption within the state’s energy sector.

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Photo credit www.nytimes.com

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