Illinois AG wants ComEd to pay customers larger refund after bribery scheme settlement
CHICAGO - Illinois Attorney General Kwame Raoul wants ComEd to pay its customers a larger refund following a federal criminal investigation.
Last month, the Illinois Commerce Commission approved a $38 million settlement in the ComEd bribery scheme.
The utility company admitted in federal court it paid more than a million dollars in bribes to members of former Illinois House Speaker Mike Madigan’s inner circle.
CUB: $38 million ComEd settlement falls short
Keep an eye on your ComEd statement. A credit on next year's bill is tied to the ComEd bribery scheme involving former Illinois House Speaker Mike Madigan. The Illinois Commerce Commission approved a $38 million settlement after the utility company admitted in federal court it paid more than $1 million in bribes to members of Madigan's inner circle. The settlement works out to about $5 per customer, which one Illinois group says is not enough.
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The settlement breaks down into just $4.80 for every customer. The city of Chicago and "CUB" are also calling for bigger refunds.