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Friday, January 21, 2005
Enron continues to rob Oregonians
While it is commonly believed by many that Enron's days of mistreating consumers and investors alike are over, the energy firm continues to bilk thousands of unsuspecting people. Willamette Week's Nigel Jaquiss reports:
Over the past seven years, Portland General Electric has collected nearly $7 million in local taxes from Multnomah County customers—and put the money right into Enron's pockets rather than county coffers.
Over the past seven years, Portland General Electric has collected nearly $7 million in local taxes from Multnomah County customers—and put the money right into Enron's pockets rather than county coffers.
While PGE is in the news these days because of its proposed sale to an out-of-state buyout firm, it's still owned by Enron, the bankrupt Texas energy giant.Perhaps its time for the federal government to put all of its weight into an investigation into Bush's friends and benefactors at Enron, some of whom still haven't been indicted.
The information about PGE's tax collections recently surfaced in a battle between the Utility Reform Project, a consumer advocacy group, and PGE.
The Reform Project previously documented that PGE collected more than $700 million from Oregon ratepayers to pay state and federal income taxes since being acquired by Enron in 1997. Enron kept virtually all of that money.
New documents PGE recently turned over to Dan Meek, the Reform Project's attorney, show Enron also stiffed Multnomah County.
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