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Justice Department indicts Sen. Ted Stevens

Prosecutors say he received $250K in gifts and services from VECO Corp.

Image: Ted Stevens
Chip Somodevilla / Getty Images file
Sen. Ted Stevens, R-Alaska, 82, talks to the news media after a meeting of the Senate Republican Policy Committee in Washington, D.C., December 20, 2005.  Stevens has been indicted by the Justice Department on seven counts of making false statements to federal investigators. Stevens is up for re-election this year.
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  Alaska senator indicted in corruption case
July 29: The indictment of Ted Stevens deals a serious blow to one of the most powerful members of the U.S. Senate.

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updated 7:46 p.m. ET July 29, 2008

WASHINGTON - Sen. Ted Stevens, the longest-serving Republican senator and a figure in Alaska politics since before statehood, was indicted Tuesday on seven counts of failing to disclose thousands of dollars in services he received from a company that helped renovate his home.

Stevens, the first sitting U.S. senator to face federal indictment since 1993, has been dogged by a federal investigation into his home renovation project and his dealings with wealthy oil contractors.

The investigation has upended Alaska state politics and cast scrutiny on Stevens — who is running for re-election this year — and on his congressional colleague, Rep. Don Young of Alaska, who is also under investigation.

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Prosecutors said Stevens received more than $250,000 in gifts and services from VECO Corp., a powerful oil services contractor, and its executives.

From May 1999 to August 2007, prosecutors said, the 84-year-old senator concealed "his continuing receipt of hundreds of thousands of dollars worth of things of value from a private corporation."

Home goods, improvements probed
The Justice Department accused Stevens of accepting expensive work on his home in Girdwood, Alaska, a ski resort town outside Anchorage, from oil services contractor VECO Corp. and its executives. VECO normally builds oil processing equipment and pipelines, but its employees helped do the work on Stevens' home.

Prosecutors said that work included a new first floor, garage, wraparound deck, plumbing and electrical wiring. He also is accused of accepting from VECO a Viking gas grill, furniture and tools, and of failing to report swapping an old Ford for a new Land Rover to be driven by one of his children.

From May 1999 to August 2007, prosecutors said, the senator concealed "his continuing receipt of hundreds of thousands of dollars worth of things of value from a private corporation."

Stevens said in a statement distributed by his office: "I have proudly served this nation and Alaska for over 50 years. My public service began when I served in World War II. It saddens me to learn that these charges have been brought against me. I have never knowingly submitted a false disclosure form required by law as a U.S. senator."

He said that in line with Senate GOP rules he was temporarily giving up the ranking positions his seniority has given him. If the Republicans were to take over the Senate, the party's most-senior senator would be in line to become president pro tempore, a mostly symbolic title but one that would make him third in line for the presidency after the vice president and speaker of the House.

Stevens was expected to turn himself in, prosecutors said. The case was assigned to U.S. District Judge Emmet G. Sullivan, who was appointed to the bench by President Clinton, a Democrat.


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