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TexasTowelie

(116,749 posts)
Mon Dec 18, 2017, 04:10 AM Dec 2017

Feds, state cast wide net in investigation of failed nuclear project

Back in February 2016, long before the State House hearings, federal and state investigations and lawsuits began, SCANA’s top executives joined a conference call to discuss the company’s latest fiscal quarter and its massive nuclear project.

They breezed through aerial photos of the Fairfield County reactor site, noting where parts had been placed and concrete poured. And they explained why their construction contract protected SCANA and the V.C. Summer project from a contractor’s financial problems.

But no SCANA official on that call, or in any other public statements, mentioned that just two weeks before, they had received a damning report diagnosing critical problems that stood to doom the construction effort.

That glaring omission could be of interest to federal investigators probing SCANA’s handling of the Summer project, which the company and minority partner Santee Cooper abandoned on July 31 after $9 billion spent and nearly a decade of work.

Read more here: http://www.thestate.com/news/politics-government/article190221654.html

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