Former SCANA CEO Pleads Guilty To Conspiracy to Commit Mail and Wire Fraud
“With the guilty plea, Marsh admits that he intentionally defrauded ratepayers, while he oversaw and managed the company’s operations – including the construction of two reactors
justice.gov/usao-sc/pr/for…
“With the guilty plea, Marsh admits that he intentionally defrauded ratepayers, while he oversaw and managed the company’s operations – including the construction of two reactors
justice.gov/usao-sc/pr/for…
... at the V.C. Summer Nuclear Station – so that SCANA could obtain and retain rate increases imposed on SCANA’s customers and qualify for up to $2.2 billion in tax credits.”
Cc: @LindseyGrahamSC
“This case arises out of the failed nuclear project at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina. In 2008, SCANA and its subsidiary SCE&G announced their intention to build two new nuclear units with their minority partner, the
“This case arises out of the failed nuclear project at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina. In 2008, SCANA and its subsidiary SCE&G announced their intention to build two new nuclear units with their minority partner, the
South Carolina Public Service Authority, a state-owned public power and water utility commonly known as Santee Cooper.
As evidence presented to the court showed, beginning in November 2011, Marsh was the highest-ranking official within SCANA and, as such, oversaw and managed the
As evidence presented to the court showed, beginning in November 2011, Marsh was the highest-ranking official within SCANA and, as such, oversaw and managed the
company’s operations, including the construction of the two nuclear reactors.”
Westinghouse?
Westinghouse.
“No later than late 2016, Marsh knew that efforts by the company’s builder, Westinghouse, to improve the pace and productivity of the project were woefully inadequate. Marsh learned that at least one unit under construction was in grave jeopardy...
Westinghouse.
“No later than late 2016, Marsh knew that efforts by the company’s builder, Westinghouse, to improve the pace and productivity of the project were woefully inadequate. Marsh learned that at least one unit under construction was in grave jeopardy...
... of not being completed and producing power by December 31, 2020, then the critically important deadline for SCANA to secure federal nuclear production tax credits valued up to $2.2 billion.”
Guess what nuclear company you learn about if you #ReadTheCummingsReport?
Westinghouse.
Westinghouse.
https://twitter.com/ninaandtito/status/1155957072963330051
Do. Not. MemoryHole. This.
https://twitter.com/ninaandtito/status/1155959612597624839
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