Larry Householder Arrested over $60 Million Bribery Case
Ohio House Speaker Larry Householder arrested along with four others by Federal officials on Tuesday morning in connection with a $60 million bribery case.
However, U.S. Attorney David DeVillers ‘ office would not discuss details of the case, a source connected with the investigation confirmed Householder’s arrest to The Cincinnati Enquirer.
The FBI announced Tuesday morning that it was conducting “court-authorized law enforcement activity” at the Perry County farm of Ohio House Speaker Larry Householder, part of an investigation into an alleged $60 million corruption and racketeering scheme.
Larry Householder arrested following nuke plant bailout
The investigation is believed to be related to Ohio’s passage last year of a law bailing out nuclear power plants.
DeVillers plans a 2:30 p.m. press conference in Columbus to provide details on the investigation along with Chris Hoffman, the FBI’s special agent in charge.
A spokeswoman for DeVillers said an Ohio official and associates were charged in the case, which she described as a “public corruption racketeering conspiracy involving $60 million.” DeVillers has scheduled a 2:30 p.m. ET press conference to discuss the case.
A dispatcher for the Perry County sheriff’ s office told the Columbus Dispatch they were assisting the FBI this morning “in the area” of Householder’s farm. She declined to specify it was the Householder farm.
An 84-page complaint remains under seal pending federal court appearances in Cincinnati at 1:30 p.m., according to FBI spokesman Todd Lindgren.
What happened in this big bribery case?
According to a source, the investigation revolves around House Bill 6, a priority of Mr. Householder that was passed last year to bail out two struggling nuclear power plants.
The Ohio House in July 2019, narrowly voted to have Ohio consumers pay $150 million a year to rescue the financially failing Davis-Besse plant near Oak Harbor and the Perry plant east of Cleveland. Gov. Mike DeWine promptly signed the Bill.
FirstEnergy Solutions — at the time the owner-operator of Davis Besse — had said it would begin decommissioning its Davis-Besse nuclear plant in Oak Harbor by May 31, 2020, and its Perry plant east of Cleveland a year later. The plants have been unable to compete in this age of cheap and abundant natural gas.
The plants together, directly and indirectly, provide more than 4,000 jobs.
Originally published at https://usdaynews.com on July 21, 2020.