Audit Clears FirstEnergy of Misuse of Funds for Cleveland Stadium Naming Rights

FirstEnergy, the company at the heart of a $60 million bribery scheme that led to the indictment and ouster of Ohio’s House speaker, did not charge customers to fund stadium naming rights, according to a recent report by the Public Utilities Commission of Ohio (PUCO).

The audit examined records for Cleveland Illuminating Co., Ohio Edison, Toledo Edison and FirstEnergy Corp., according to a news release, and confirmed no payments were booked into accounts held by FirstEnergy’s three Ohio utilities, meaning no costs were passed onto customers.

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