Former Westinghouse Executive Charged with Conspiracy, Fraud in Connection with V.C. Summer Nuclear Project
The post Former Westinghouse Executive Charged with Conspiracy, Fraud in Connection with V.C. Summer Nuclear Project appeared first on POWER Magazine.
Former Westinghouse Electric Co. Senior Vice President Jeffrey A. Benjamin was charged with 16 felony counts, including conspiracy, wire fraud, securities fraud, and causing a publicly traded company to keep a false record, for his part in failing to truthfully report information regarding construction of new nuclear units at the V.C. Summer nuclear plant in South Carolina.
Benjamin is the fourth individual to be charged in the ongoing federal investigation. Former SCANA CEO Kevin Marsh, former SCANA Executive Vice President Stephen Byrne, and former Westinghouse Vice President Carl Churchman have all pleaded guilty to federal felony charges for their roles in the matter. However, in a statement, Acting U.S. Attorney for the District of South Carolina M. Rhett DeHart noted that all charges against Benjamin are merely accusations, and that the defendant is presumed innocent until and unless proven guilty.…