Federal and International

Former Executive of Power Generation Company Charged with Fraud and Money Laundering

Indictment Alleges an Eight-Year Scheme to Obtain More Than $5 Million in Kickbacks from Three Foreign Power Companies to Secure More Than $2 Billion in Lucrative Contracts

Washington, DC—(ENEWSPF)—February 10, 2014. Asem Elgawhary, the former principal vice president of Bechtel Corporation and general manager of the Power Generation Engineering and Services Company (PGESCo), was indicted by a grand jury in Maryland today on charges that he defrauded his former employers, laundered the proceeds of the…

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