By Jerry Bellune
JerryBellune@yahoo.com
Former SC Electric & Gas executive Steve Byrne may have company.
His plea agreement on fraud charges reveals that other executives and lawyers …
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By Jerry Bellune
JerryBellune@yahoo.com
Former SC Electric & Gas executive Steve Byrne may have company.
His plea agreement on fraud charges reveals that other executives and lawyers for SCANA, the owner of SCE&G, are at risk of being charged,.
Federal officials believe a conspiracy of executives and their lawyers hid a $9 billion nuclear failure from state officials, investors and the public for years.
An official federal document filed in US District Court in Columbia revealed:
• Byrne and unidentified “others” orchestrated a cover-up of costly errors at the nuclear construction site.
• They “deceived regulators and customers to maintain financing for the project and to financially benefit SCANA” and themselves.
• “As construction problems mounted, costs rose and schedules slipped,” Byrne and others hid the truth.
For the rest of what the federal documents reveal, see Thursday's Lexington County Chronicle.
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