OH: Former House Speaker, GOP chair convicted in $60 million bribery scheme

Source: Cleveland.com

“A jury on Thursday convicted ex-Ohio House Speaker Larry Householder and lobbyist Matt Borges of taking part in a bribery scheme prosecutors say was engineered to pass a $1.3 billion bailout of two nuclear power plants owned by a subsidiary of Akron-based FirstEnergy Corp. Federal prosecutors in July 2020 accused Householder, 63, a Republican who was then one of the most powerful politicians in state government, of secretly controlling Generation Now, a nonprofit that received $60 million from FirstEnergy. Generation Now spent that money engineering Householder’s rise to power …. Generation Now also paid down Householder’s legal debts, credit card bills, and repairs to his Florida home, according to bank records shown at trial. … Borges also was convicted of racketeering for his role in bribing an opposing political operative for inside information.” (03/09/23)