FirstEnergy probe needed to restore public trust, 3 ex-regulators say

 

COLUMBUS, Ohio – "Three former utility regulators want an extensive investigation into Akron-based FirstEnergy to restore the public's trust after a federal bribery probe and prominent resignations

Since July, federal investigators have arrested five people, including the former Ohio House leader, in connection with a bribery scheme to pass a $1 billion bailout of two nuclear plants in northern Ohio then-owned by FirstEnergy Solutions. Several FirstEnergy executives, including CEO Chuck Jones, have resigned – though none have been charged.

Top utility regulator, Public Utilities Commission of Ohio chairman Sam Randazzo, also resigned after FirstEnergy disclosed they paid $4 million to end a contract with someone who later became a regulator."

--Jessie Balmert, Cincinnati Enquirer

Link to full article.

Showing 1 reaction

Please check your e-mail for a link to activate your account.
  • Anastazia Vanisko
    published this page in News 2020-12-21 15:07:28 -0500
Pledge to vote