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May 18, 2007

Bribes * USA - Feds allege Alaska legislators accepted they from oil producer

Alaska,USA -Land Line Magazine -May 16, 2007: -- An Alaska state representative and two former legislators have been arrested and indicted for bribery and conspiracy charges after the men allegedly traded votes for money and jobs from a major energy-producing company... According to a Department of Justice news release, the three men corruptly solicited and accepted cash payments and loans in exchange for support of certain legislation and a natural gas pipeline... The news release said Alaska Rep. Victor Kohring and former state House members Bruce Weyrauch and Peter Kott were arrested May 4 in Juneau, AK... Reported on May 7 that Bill Allen, former CEO of VECO Corp., and Rich Smith, vice president and chief lobbyist, both pleaded guilty to two counts of conspiracy and one count of bribery. Each faces up to five years in prison for each conspiracy charge and 10 years for bribery, and $250,000 fines...

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