Alaska Senator Ted Stevens (R) has been indicted 7 counts of making false statements
Update 1:50 pm - Accepted Gift from Vico, Renovated his Home, and Appliences, Total amount of Gifts were over 250,000 Dollars , Tis was a federal corruption investigation gratuities or gifts from Alaska oil firm VECO Corp., and its chief executives. Stevens did not claim these gifts and Lied to investigators.
Update 1:35 pm ET - There are a few reporters in the news room, you can see that if you are watching live on our link. The News Conference has not begun. So there is still time to watch live on the links below.
Update 1:30 pm ET - Department of Justice news conference - You may watch it Live here as FOX News is streaming the News Conference Live Click Here
Fox News is reporting that the Justice Department will make a statement at 1:20 pm ET
Politisite has learned that Senator Ted Stevens was skiping the Republican Convention. He has a candidate running against him that is begining to get some poll numbers. Stevens did file for re-election, even though he was under an investigation.
CBS News is reporting , Sen Ted Stevens, R-Alaska, has been indicted on corruption charges,
The FBI, working with an Alaska oil contractor, secretly taped telephone calls with Sen. Ted Stevens as part of a public corruption sting it was reported late last year, according to people close to the investigation.
The secret recordings suggest the Justice Department was eyeing Stevens long before June 2007, when the Republican senator first publicly acknowledged he was under scrutiny. At that time, it appeared Stevens was a new focus in a case that had already ensnared several state lawmakers.
The recorded calls between Stevens and businessman Bill Allen were confirmed by two people close to the case who spoke on condition of anonymity because the investigation is still under way. They declined to say how many calls were recorded or what was said. (source: CBS News)
MTF, Devloping



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