Reply #10: Tyco Acknowledges $1.6M Link to Abramoff

[Octafish]

Seems Casino Jack knows EVERYBODY.

Tyco Acknowledges $1.6M Link to Abramoff

Staff and agencies
05 January, 2006

By SHARON THEIMER, 4 minutes ago

WASHINGTON - Tyco International, whose former CEO became a symbol of corporate corruption, acknowledged Thursday it is the Jack Abramoff client referred to as "Company A" in court documents describing the lobbyist‘s scheme to funnel millions of dollars in lobbying fees to himself.

Abramoff pleaded guilty this week in Washington to mail fraud, conspiracy and tax evasion in connection with his lobbying activities and in Miami to conspiracy and wire fraud in a 2000 business deal in which he and a partner purchased the SunCruz Casinos fleet of gambling boats.

SNIP...

Abramoff, then employed by the Washington firm Greenberg Traurig, solicited Tyco as a Greenberg Traurig client for lobbying on a tax issue in May 2003, according to the court documents, which refer to Tyco only as "Company A," a manufacturing and services company.

"Additionally, Abramoff represented to Company A that he was negotiating on their behalf with GRI to try to save Company A money, when in fact he was simply setting a high price on services that he controlled and from which he would profit," the court documents say.

SNIP...

In October, Tyco attorney Timothy E. Flanigan withdrew his nomination to be President Bush ‘s deputy attorney general. Flanigan‘s confirmation was delayed due to questions about his dealings with Abramoff when Abramoff was a Tyco lobbyist.

CONTINUED...

http://www.localnewsleader.com/elytimes/stories/news-00120862.html

Small world. And very, very bad.