Posted Jul 31, 2007 12:23 pm CDT
Federal authorities raided the Alaska home of Sen. Ted Stevens yesterday as part of an investigation into his ties to an energy company that oversaw a renovation of his house.
The chief executive of the energy company, Veco, pleaded guilty to bribing Alaska state legislators in early May, the Washington Post reports. With Stevens’ backing, Veco has obtained tens of millions dollars worth of federal contracts, the New York Times reports.
The raid was conducted by the FBI and the Internal Revenue Service. Stevens’ home is located in a ski resort area near anchorage. The remodeling doubled its size.
Stevens, a Republican, issued a statement asking his constituents not to jump to conclusions based on “incomplete and sometimes incorrect reports in the media.”
Stevens is among a dozen members of Congress, both current and past, who are under investigation by the Justice Department.