US: FEDERAL PROSECUTORS CHARGES IN BRIBERY SCHEME INVOLVING ARRANGEMENT FOR JOBS, CONTRACTS, AND PAYMENTS TO ALLIES AND ASSOCIATES OF ILLINOIS HOUSE SPEAKER MICHAEL MADIGAN AND HIS ASSOCIATES

On 17 July, CBS in Chicago and others reported that, following months of speculation about a wide-ranging investigation, federal prosecutors have charged ComEd over a bribery scheme involving the company’s arrangement for jobs, contracts, and payments to allies and associates of Illinois House Speaker Michael Madigan and his associates. ComEd will pay a $200 million fine as part of a deferred prosecution agreement to end the federal probe.
Commonwealth Edison is the largest electric utility in Illinois, and the sole electric provider in Chicago and much of Northern Illinois.

https://chicago.cbslocal.com/2020/07/17/feds-implicate-house-speaker-mike-madigan-in-bribery-case-against-comed

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017