Ex-CEO who oversaw doomed nuclear project to be sentenced [View all]
COLUMBIA, S.C. (AP) — The executive who oversaw a $9 billion plan to build two nuclear reactors in South Carolina is getting ready to go to prison, more than four years after he announced the mammoth project had failed without ever generating a watt of power.
Former SCANA Corp. CEO Kevin Marsh has agreed with prosecutors that he should spend two years in prison. On Thursday, the former utility executive faces a federal judge who will decide whether to accept that deal and make him the first executive put behind bars for the nuclear energy project debacle.
Marsh decided to go ahead and ask to serve his time, saying his wife of 46 years has incurable breast cancer and he hopes she is still around and he can care for her when he leaves prison.
A second former SCANA executive and an official at Westinghouse Electric Co., the lead contractor to build two new reactors at the V.C. Summer plant, have also pleaded guilty. A second Westinghouse executive has been indicted and is awaiting trial.
Read more: https://wacotrib.com/news/national/ex-ceo-who-oversaw-doomed-nuclear-project-to-be-sentenced/article_34d68dcd-cd95-5467-98c6-c06c42e29f97.html
(Waco Tribune-Herald)
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