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CINCINNATI (WJW) — A federal grand jury has indicted two former FirstEnergy executives on racketeering charges related to Ohio House Bill 6 — what’s been called the largest public corruption scandal in state history.
A new 42-page indictment handed up on Wednesday and unsealed on Friday accuses ex-FirstEnergy president and CEO Charles Jones, 69, of Akron , and ex-senior VP Michael Dowling, 60, of Massillon , of bribery, money laundering and obstruction “to increase the company’s stock price and enrich themselves,” reads a news release from Kenneth Parker, U.S. Attorney for the Southern District of Ohio.
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House Bill 6 was a billion-dollar legislative bailout for FirstEnergy-affiliated nuclear plants, for which the Ohio utility funneled nearly $60 million in “dark money” to politicians in former Ohio House speaker Larry Householder’s camp between 2017 and 2020…