Alaska Senator Indicted After Yearlong Probe
Sen. Ted Stevens, the longest-serving Republican senator and a figure in Alaska politics since before statehood, was indicted on seven counts of falsely reporting hundreds of thousands of dollars in services he received from a company that helped renovate his home, The Associated Press reports.
The indictment (courtesy of the Anchorage Daily News) accuses Stevens, 84, of concealing payments of more than $250,000 in goods and services from an oil company, The Post's Carrie Johnson reports. The items include home improvements, autos and household items.
In return, the former chairman of the powerful Senate Appropriations Committee allegedly provided help to the Alaska oil firm, Veco, and its onetime leader Bill Allen. Allen and a former Veco lobbyist pleaded guilty in May 2007 in connection with their role in the scheme.
Here is Stevens' statement.
More than a year ago, Stevens acknowledged to The Post that he was a target of the department's probe, which has uncovered evidence that more than $400,000 worth of bribes were given to state lawmakers in exchange for favorable energy legislation.
Investigators used secret recording equipment, seized documents and cooperating witnesses to secure the indictments of four current and former state lawmakers, including the former state House speaker, shaking the core of Alaska's Republican Party.
A month after Stevens admitted being a focus of the probe, in July 2007, FBI and Internal Revenue Service agents raided Stevens' Alaska home.
It was a quick turn of events for Stevens, who joined the Senate in 1968. He has been considered one of the most powerful members of Congress for more than a decade, including six years in which he held control over nearly $1 trillion in federal spending as chairman of the Senate Appropriations Committee.
Time's Michael Scherer touched on the potential ramifications of Stevens' exit from politics.
The Anchorage Daily News has provided a broad overview of the federal investigation of public corruption that has been under way in Alaska for more than four years.
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