From the Sun-Times Friday morning, this breaking news:
ComEd will pay $200 million to end a federal criminal investigation into a years-long bribery scheme, the U.S. Attorney’s office announced Friday.
In doing so, it is admitting it arranged jobs, subcontracts and pay-offs for associates of “a high-level elected official for the state of Illinois.” That person is identified as “Public Official A” in a court filing and “Speaker of the House of Representatives,” without mentioning Michael Madigan by name.
“Public Official A controlled what measures were called for a vote in the Illinois House of Representatives and exerted substantial influence over fellow lawmakers concerning legislation affecting ComEd,” the U.S. Attorney’s office said in a news release.
ComEd is resolving the investigation through a deferred prosecution agreement that will include the $200 million fine, according to the feds.
Read the rest HERE. More to come …