News Round-up: Cobb EMC CEO Indictment
January 31, 2011 at 5:04 pm garlandjenna Leave a comment
On Thursday, January 6, Cobb EMC CEO Dwight Brown was indicted on 31 counts of theft by taking, racketeering, conspiracy to commit fraud, and making false statements. Cobb EMC is an Electric Membership Corporation providing power to close to 200,000 customers in the northwestern suburbs of Atlanta, Georgia.
The indictment brings years of legal wrangling to a head, as Cobb EMC members have accused the Cobb EMC Board of Directors and Mr. Brown of wrongdoing, secrecy, and mismanagement of EMC funds previously.
Mr. Brown and the Cobb EMC Board of Directors are also known for being leaders in Power4Georgians (P4G), a consortium of several EMCs from across the state. P4G is the developer in two proposed coal plant construction projects, which will be member funded and could cost more than $2 billion a piece.
Here’s a round up of some of the best local news coverage concerning Mr. Brown’s indictment:
Electric Co-Op CEO Accused of Massive Thefts
Lisa Coston, Courthouse News
http://www.courthousenews.com/2011/01/18/33392.htm
EMC’s Brown indicted for theft, racketeering
Brandon Wilson, Marietta Daily Journal
EMC Hopefuls call for more transparency
Brandon Wilson, Marietta Daily Journal
Cobb EMC case raises questions on coal plant
Dave Williams, Atlanta Business Chronicle
http://www.bizjournals.com/atlanta/print-edition/2011/01/21/questions.html
Attorneys file to derail prosecution of Cobb EMC chief
Margaret Newkirk, Atlanta Journal-Constitution
http://www.ajc.com/business/attorneys-file-to-derail-818204.html
We’ll have more coming soon about the connections between Dwight Brown and the fight against Plant Washington.
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