by Jason Moore
Tuesday, July 29, 2008
ANCHORAGE, Alaska -- A federal grand jury in Washington, D.C., indicted Sen. Ted Stevens on seven felony counts Tuesday.
The charges allege that Stevens accepted more than $250,000 in gifts from VECO Corp. and its CEO Bill Allen and deliberately failed to report those gifts on disclosure statements.
"Earlier today, a federal grand jury here in the District of Columbia returned an indictment charging United States Sen. Ted Stevens of Alaska with seven felony counts of making false statements," said Matthew Friedrich, acting assistant attorney general, announcing the indictments Tuesday.
Most of the gifts concerned the renovation of Stevens' Girdwood home, where the FBI served a search warrant one year ago.
Prosecutors say VECO employees did most of the work, and Allen paid most of the bills.
"These items were not disclosed on Sen. Stevens' financial disclosure forms, which he filed under penalties of perjury, either as gifts or as liabilities," Friedrich said. "And further, that Sen. Stevens did not reimburse or repay VECO or its chief executive officer for these items."