Mississippi House Speaker Pressured Agency Over Beef Plant, Report Charges

Sigo, Shelly
February 2005
Bond Buyer;2/2/2005, Vol. 351 Issue 32062, p4
Trade Publication
The article informs that at least one lawmaker allegedly used his influence to get additional state bond proceeds to continue the construction of Mississippi Beef Processors LLC, an economic development project in Oakland that is now in default, said a 90-page report released late Monday by the Mississippi Office of the State Auditor (OSA). In March 2003, as the plant's cost rose from $26.3 million to $43 million. House Speaker Billy McCoy told Mississippi Development Authority officials that if they did not support the project, they would have "a lot less programs to administer in the future," the OSA report said.


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