FIRST ENERGY TO PAY $230 MILLION TO RESOLVE CHARGES IN OHIO BRIBERY SCANDAL

On 22 July, the Wall Street Journal reported that FirstEnergy Corporation had agreed to pay $230 million under a 3-year deferred prosecution agreement to resolve charges that it was involved in a bribery scheme to pass a state bailout of nuclear power plants in Ohio.  A wire fraud charge will be dismissed, pending the utility company’s adherence to the terms of the agreement.

https://www.wsj.com/articles/firstenergy-to-pay-230-million-to-resolve-charges-in-ohio-bribery-scandal-11626967924

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s