FirstEnergy settles in bribery case for $230 million

CINCINNATI (AP) – Federal authorities say FirstEnergy Corp. based in Akron agreed to postponement of prosecution that calls for the company to cooperate fully and pay a $230 million fine.

The U.S. Attorney’s Office in Cincinnati and the FBI are scheduled to hold a press conference on Thursday.

FirstEnergy officials announced earlier this year it was negotiated with prosecutors about the deal.

The company has been accused by authorities of secretly funding a $60 million bribery scheme to help win a $1 billion bailout for two nuclear power plants operated by a single company. wholly-owned subsidiary when the bill was passed in July 2019. | FirstEnergy settles in bribery case for $230 million

Huynh Nguyen

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