This is YUGE!
Federal Prosecutor implicates House Speaker Madigan in COMED bribery probe
BY jmkraft
ON July 17, 2020
Chicago, IL. (ECWd) -
The Federal Prosecutor for the Northern District of Illinois has published a charge sheet and deferred prosecution agreement with COMED in a bribery scheme.
These documents paint the story of bribery, favors, payments, ghost payrolls, board appointments, and other things in order to obtain favorable legislation. The Speaker of the House is implicated as being involved.
We urge each of our readers to read the entirety of both of the below documents from the Northern District of Illinois.
From the charge sheet:
Public Official A was the Speaker of the House of Representatives and an elected member of that body. As Speaker of the House of Representatives, Public Official A was able to exercise control over
what measures were called for a vote in the House of Representatives. Public Official A also exercised substantial influence and control over fellow lawmakers concerning legislation, including legislation affecting ComEd.
Beginning no later than in or around 2011, and continuing through in or around 2019, in the Northern District of Illinois, Eastern Division, and elsewhere, COMMONWEALTH EDISON COMPANY, defendant herein, corruptly gave, offered, and agreed to give things of value, namely, jobs, vendor subcontracts, and monetary payments associated with those jobs and subcontracts, for the benefit of Public Official A and Public Official A’s associates, with intent to influence and reward Public Official A, as an agent of the State of Illinois, a State government that during each of the twelve-month calendar years from 2011 to 2019, received federal benefits in excess of $10,000, in connection with any business, transaction, and series of transactions of $5,000 or more of the State of Illinois, namely, legislation affecting ComEd and its business;
From the deferred prosecution agreement with COMED:
On page 6: More than one bribe, value of benefit was greater than $150,000, involved an elected official
Page 7: Fine range of between $240,000,000 and $480,000,000
COMED to pay $200,000,000 within 30 days and an additional $200,000,000 within 90 days - this totals $400 million dollars.
From the Statement of Facts in the DPA (page 20):
Hiring of Public Official A’s Associates as Vendor “Subcontractors” Who Performed Little or No Work for ComEd
moar:
https://edgarcountywatchdogs.com/2020/07/federal-prosecutor-implicates-house-speaker-madigan-in-comed-bribery-probe/