Alaska Senator Ted Stevens Indicted for False Statements

Alaska Senator Ted Stevens has been indicted for making false statements in regard to gifts he accepted in excess of $250,000 in the form of money and work done to his home by Bill Allen according to Fox News.
The gifts came from Bill Allen and the company he founded, VECO Corp., an influential Alaska oil services firm that has been the focus of federal investigators in a public corruption probe that has been churning since 2004. The probe has ensnared more than a half dozen public officials, lobbyists and business leaders.
In 2000, Allen oversaw construction on Stevens’ house, although Stevens has claimed he paid for all the construction. Friederich said investigators found the senator did not reimburse the money.
In the indictment, officials said VECO built Stevens, among other things, a new first floor to the house — lifting the original floor of the house to build beneath it — a new garage, a new first- and second-floor wraparound deck, and new plumbing and wiring.
Stevens, 84, has been in office since 1968. He won’t be arrested and is planning to turn himself into the authorities.
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