Trump Pardons Developer Prosecuted by His Administration
This summer, Trump administration officials had lauded the indictment of Timothy J. Leiweke as an effort to root out corruption and unfair business practices.
This summer, Trump administration officials had lauded the indictment of Timothy J. Leiweke as an effort to root out corruption and unfair business practices.
www.nytimes.com
“… Mr. Trump's pardon effectively quashed his administration's effort to convict the developer, Timothy J. Leiweke, a founder and former chief executive of Oak View Group, for allegedly orchestrating a conspiracy to rig the bidding process for the Moody Center Arena at the University of Texas to benefit his own company. The maximum penalty for the charge was 10 years in prison and a $1 million fine.
… When Mr. Leiweke was charged in June, he stepped down as head of Oak View Group, and the company agreed to pay $15 million in penalties for its role in the arena scheme. At the time, Trump administration officials who had worked on the investigation
hailed the indictmentas part of a wider effort by the Justice Department to root out corruption and unfair business practices.
… In an email recovered by investigators, Mr. Leiweke bragged after winning the contract that “we were very clever to put together an agreement that scared everyone else away" adding that “this allows us to dictate terms to the university.”
Oak View Group continues to manage and operate the arena, and receives a cut of the revenue from the facility.”