Ohio Speaker Larry Householder charged in $60M bribery scheme

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Larry Householder, Speaker of the Ohio House was arrested in bribery charges last Tuesday. Householder, along with four others are accused of perpetrating a $60 million bribery scheme involving taxpayer-funded nuclear power plant bailouts.

The complaint also names Jeffrey Longstreth, Householder’s advisor, former Ohio Republican Party Chair Matthew Borges, Statehouse lobbyist Neil Clark, and Juan Cespedes, co-founder of The Oxley Group, a Columbus-based consulting firm.

All the defendants appeared in court. They weren’t required to enter a plea. The judge ordered Householder released on his own recognizance, though he is not allowed to apply for a passport or have contact with the other defendants. He must also limit his travel to the southern half of Ohio and remove all guns from his home.

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The next hearing is scheduled for August 6.

A $60 million bribery scheme

After the arrests, U.S. Attorney David DeVillers released a statement describing the nuclear plant ploy as “likely the largest bribery scheme ever perpetrated against the state of Ohio.”