Delaware Public Radio | by Don Rush Delaware businesses have become embroiled in the emerging scandal from the indictments of former Trump campaign chairman Paul Manafort and former campaign official Rick Gates. The Wilmington News Journal reports that nine Delaware corporations and limited liability companies were allegedly involved in shielding millions of dollars in payments from the Ukraine. That’s according to federal grand jury indictment unveiled this week. The paper reports that open government advocates like State Rep. John Kowalko have renewed their demand for a more rigorous review of […]

The News Journal | by Margie Fishman Nine Delaware corporations and limited liability companies helped former Trump campaign chairman Paul Manafort and former Trump campaign official Rick Gates shield from U.S. authorities millions of dollars in payments from the Ukraine, according to a federal grand jury indictment released Monday. Of the 17 domestic business entities implicated in the scheme, the largest number were domiciled in Delaware, Justice Department Special Counsel Robert Mueller found. The latest revelations of Delaware LLCs linked to financial fraud have emboldened open government advocates, such as […]

WHYY | by Zoë Read On Monday, Special Counsel Robert Mueller announced charges against three advisers to President Donald Trump’s campaign related to alleged coordination with the Russian government to sabotage Hillary Clinton’s campaign. A Delaware legislator now is urging the release of a bill that aims to keep tabs on bad actors looking to hide tainted money in LLCs. Former campaign chairman Paul Manafort pled not guilty to money laundering, tax fraud and foreign lobbying related to work in Ukraine. The indictment states that of the 23 LLCs Manafort […]

Delaware Business Now | by Doug Rainey The indictment against former Trump Presidential Campaign Director Paul Manafort and long-time associate Richard W. Gates lists several companies incorporated in Delaware. The two men pleaded not guilty a dozen charges in federal court in Washington, D.C. The indictment against the two men centers on not registering as foreign agents who received tens of millions of dollars from work in Ukraine that included representing a former president of the nation with ties to Russian President Vladamir Putin. The former leader, Victor Yanukovych, later […]

Delaware Public Media | by Tom Byrne The Public Service Commission heard public comments this week on Delmarva Power’s rate increase request. In August, the utility company asked to hike gas and electricity rates to raise about $25 million. But it amended that proposal earlier this month, asking for a larger increase. Delmarva is now seeking to recover about $43 million dollars with a nearly 6% rate increase in electricity and a nearly 9% hike in the natural gas rate. Among those fighting the increase is State Rep. John Kowalko […]

Delaware Public Media | by Sarah Mueller The Public Service Commission heard public comments this week on Delmarva Power’s rate increase request. In August, the utility company asked to hike gas and electricity rates to raise about $25 million. But it amended that proposal earlier this month, asking for a larger increase. Delmarva is now seeking to recover about $43 million dollars with a nearly 6% rate increase in electricity and a nearly 9% hike in the natural gas rate. If approved, the increases would add about $5.50 to the […]

Delaware Public Media | by Sarah Mueller Bloom Energy is returning more than 1.5 million dollars in incentives it received for a promise to create hundreds of jobs. But the fuel cell manufacturer’s sweet deal came at the expense of Delaware utility customers. Bloom Energy promised in 2011 it would hire 900 workers earning a combined $108 million a year at its Newark location. In return, lawmakers approved a package of subsidies that included a $12 million grant. And they added an electricity surcharge for the state’s ratepayers through 2033. […]

The News Journal | by Karl Baker Delmarva Power wants to raise rates for its Delaware electricity customers by more than $5 a month next year, and nearly $4 a month for natural gas. The Newark-based utility asked the state for permission in August to increase electricity rates to raise $31.2 million. If allowed, the average Delaware homeowner would pay $5.42 more for electricity, to about $123. Delmarva also wants to increase its monthly natural gas rates by nearly $4 more per month, for the average homeowner, raising $12.8 million […]