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Ohio energy execs indicted in scheme that included $60 million bribes to Ohio politician

Ohio energy execs indicted in scheme that included $60 million bribes to Ohio politician

According to federal prosecutors, Charles Jones and Michael Dowling, former executives of the Akron-based utilities company FirstEnergy, were charged each with one count of participating in a rackettIng conspiracy.

Jones, who served as FirstEnergy President and CEO and Dowling, the company’s senior vice president, are alleged to have participated in bribery, money laundering and more in order to increase the company’s stock price and earn money for themselves.

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Allegedly, part of the scheme included $59 million in bribes to former Ohio House Representative Larry Householder. Prosecutors believe the bribe money helped Householder become speaker of the house, and helped him pass and uphold a “billion-dollar nuclear plant bailout to benefit FirstEnergy.”

Jokes and Dowling were both fired from FirstEnergy in 2020.

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