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FirstEnergy has agreed to pay a $100 million fine to settle civil fraud charges from the SEC, but the federal agency will go ahead with civil fraud charges against the utility’s former top executive.
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The deal is the latest in the $60 million bribery scheme that involved Republican former speaker Larry Householder and former Ohio Republican Party chair Matt Borges, who are both in federal prison.
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Gov. Mike DeWine said he asked a lot of people for money during his 2018 campaign and doesn't remember asking FirstEnergy for a half-million dollar donation.
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The FirstEnergy bribery scandal that has put former House Speaker Larry Householder in prison could be prevented from happening again with the passage of House Bill 112, which would require disclosure of dark money.
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The FirstEnergy companies that distribute electricity as Ohio Edison, Cleveland Electric and Toledo Edison are asking state regulators to increase rates and restructure how customers are charged.
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New documents show FirstEnergy paid $2.5 million in secret to help Gov. Mike DeWine's initial campaign for governor in 2018.
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Ohio Attorney General Dave Yost said the former FirstEnergy executives were indicted Friday, expected to turn themselves in and didn't. There are now arrest warrants.
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In the last few years, several bills to repeal all or some of House Bill 6 have been introduced but have failed.
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Ohio law may be too weak to convict a corrupt public official, but federal prosecutors have a more powerful hammer.
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Former U.S. Attorney David DeVillers said comments from his successor made previously and then outside the courthouse in Cincinnati after the verdicts suggest the case continues.