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Newly unsealed court documents show the former top executive for the contractor hired to build two South Carolina nuclear reactors that were never finished won't face criminal charges. The Post and Courier reports former Westinghouse CEO Danny Roderick is now a government witness for a federal investigation into the failed multibillion project to build the reactors at the V.C. Summer site. The records unsealed last week show Roderick could testify against a former employee facing felony charges tied to the 2017 debacle. Roderick told investigators that former Westinghouse official Jeff Benjamin lied to him about the status of the project. Three executives have already pleaded guilty in the fraud investigation.
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An executive who lied to regulators about two South Carolina nuclear plants that never generated a watt of power has been sentenced to two years in prison. A federal judge accepted the plea deal with former SCANA Corp. CEO Kevin Marsh even though she said it presents his deceptions in a “vanilla way” and understates the seriousness of his fraud.
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An executive who spent billions of dollars on two South Carolina nuclear plants that never generated a watt of power, lying and deceiving regulators about their progress, is ready to go to prison. Former SCANA Corp. CEO Kevin Marsh has agreed with prosecutors that he should spend two years in prison. He goes before a federal judge Thursday who will decide whether to accept that deal.
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A fourth business executive faces criminal charges stemming from a federal investigation into a failed multibillion-dollar project to build two nuclear reactors in South Carolina, authorities announced Wednesday.
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Investors who lost fortunes in the failure of a multi billion-dollar nuclear reactor construction deal in South Carolina will soon begin to see their portions of a $192 million settlement, under a recently approved distribution.
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A former official for the contractor hired to build two South Carolina nuclear reactors that were never completed has pleaded guilty to lying to federal authorities. Court records show Carl Churchman entered the plea Thursday. He faces up to five years in prison and a $250,000 fine when he's sentenced. Churchman was the project director for Westinghouse Electric Co., the lead contractor to build two new reactors at the V.C. Summer plant. Two utilities spent nearly $10 billion on the project before halting construction in 2017 following Westinghouse's bankruptcy. Authorities say Churchman lied to an FBI agent in 2019, saying he wasn't involved in communicating the project timeline with utility executives. He was interviewed again last month and admitted lying.
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A former official for the contractor hired to build two South Carolina nuclear reactors that were never completed will plead guilty to lying to federal authorities, court documents show.
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It was two years ago this week that the state saw the largest business failure in its' history, the collapse of the giant V.C. Summer nuclear project in…
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It was the first week of August, 2017 when then SCANA and SCE&G CEO Kevin Marsh told state regulators that the $9 Billion V.C. Summer Nuclear Reactor…