Something stinks around here, and it looks like the Powers That Be are scrambling to keep anyone from identifying the source of the stench.
For those just tuning in, tonight’s VTDigger brings us the happy tidings of an agreement between federal prosecutors and Bill Stenger, one of the defendants in the EB-5 fraud case. The two sides have agreed on what evidence will be presented in Stenger’s case… and in exchange, Stenger’s lawyers won’t force a whole bunch of well-connected Vermonters to testify under oath.
See, Stenger’s defense had argued that state officials knew about the fraud long before it was publicly revealed and did nothing to stop it. Given the contents of a recent document dump, it’s clear that Team Shumlin knew a great deal and did their best to keep it under the rug. So their appearances under oath would have been at least embarrassing and perhaps incriminating.
The Vermonters in question include former governor Peter Shumlin and at least five top officials in his administration. They would have taken the stand next week, so this deal is a last-minute reprieve for these worthies. And yet another roadblock in the path of public disclosure. This fraud goes back at least a decade, and we’ve still only seen the faint outlines of official complicity.
Imagine, just for shits and giggles, Shumlin takes the stand and his testimony is at odds with the evidentiary record. Or he ducks the questions and pleads the Fifth. Not a good look, that.Continue reading