News Round-up: Cobb EMC CEO Indictment

January 31, 2011 at 5:04 pm 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

http://www.mdjonline.com/view/full_story/10914123/article-EMC’s-Brown-indicted-for-theft–racketeering?

EMC Hopefuls call for more transparency

Brandon Wilson, Marietta Daily Journal

http://www.mdjonline.com/view/full_story/11054052/article-EMC-hopefuls-call-for-more-transparency?instance=home_news_special_coverage

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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