The Marietta Daily Journal – High Court ruling favors former Cobb EMC head

10
Sep

The Marietta Daily Journal – High Court ruling favors former Cobb EMC head

MARIETTA — The Georgia Supreme Court on Monday upheld on appeal a decision to dismiss the original 31-count indictment accusing former Cobb Electric Membership Corp. CEO Dwight Brown of fraud, racketeering and theft.

But a second indictment against Brown, which repeats the original charges and adds four more, is still pending.

Brown, who has pleaded not guilty on all charges, is accused of using Cobb EMC as a piggybank to fund various operations and activities of Cobb Energy without approval by the cooperative’s members, as required in EMC’s bylaws.

According to Monday’s decision, written by Justice Robert Benham, the high court agrees with the Court of Appeals and Cobb County Superior Court Judge Robert Flournoy that the initial indictment against Brown filed in January 2011 was not returned “in a place that was open to the public” and should have been dismissed.

via The Marietta Daily Journal – High Court ruling favors former Cobb EMC head.

Comments ( 0 )