July 22, 2020
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2:47Now PlayingThe powerful Republican speaker of the Ohio House and four associates were arrested Tuesday in a $60 million federal bribery case connected to a taxpayer-funded bailout of Ohio’s two nuclear power plants.
Hours after FBI agents raided Speaker Larry Householder’s farm, U.S. Attorney David DeVillers described the ploy as likely the largest bribery and money-laundering scheme "ever been perpetrated against the people of the state of Ohio.”
Householder appeared in court in Columbus on Tuesday following his arrest.
Outside court he was ambushed by angry protesters demanding answers.
Householder was one of the driving forces behind the nuclear plants' financial rescue, which added a new fee to every electricity bill in the state and directed over $150 million a year through 2026 to the plants near Cleveland and Toledo.
Also arrested were Householder adviser Jeffrey Longstreth, longtime Statehouse lobbyist Neil Clark, former Ohio Republican Party Chairman Matthew Borges and Juan Cespedes, co-founder of The Oxley Group, a Columbus-based consulting firm.
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