FirstEnergy makes $20 million deal with AG Dave Yost to avoid HB6 prosecution, drop company from civil lawsuit

📆 8/13/2024 9:41 AM
📰 clevelanddotcom

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The agreement, which follows a similar $230 million fine paid in 2021 to avoid federal charges, means that FirstEnergy will pay just $250 million to elude prosecution for paying tens of millions in bribes to top state officials to secure super-lucrative policy priorities.

COLUMBUS, Ohio—FirstEnergy will avoid state criminal prosecution over its starring role in the House Bill 6 bribery scandal in exchange for paying $20 million, under a deal quietly signed Monday with Attorney General Dave Yost’s office.to avoid federal charges, means that FirstEnergy will pay just $250 million to elude criminal prosecution for paying tens of millions in bribes to top state officials to secure super-lucrative policy priorities.

That included more than $60 million in FirstEnergy bribes to help pass House Bill 6, a 2019 energy law that included a $1 billion-plus ratepayer bailout of two Ohio nuclear power plants owned by a company subsidiary.Ohio Supreme Court: Time limit on defamation suits doesn’t start until plaintiff discovers offending statementIf you purchase a product or register for an account through a link on our site, we may receive compensation.

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