TITLE

Ex-Member of California Water District Board Gets 24 Months

AUTHOR(S)
Hume, Lynn
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/2/2005, Vol. 351 Issue 32081, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Tyrone Smith, a former board member for California's West Basin Municipal Water District, was sentenced to 24 months in prison on Monday after pleading guilty to criminal charges in late 2003 in connection with an interest rate swap transaction done for the district in October 2001. Judge Nora Manella of the U. S. District Court for the Central District of California in Los Angeles also sentenced Smith to pay $25,000 in restitution to the water district. Smith is one of 12 individuals that have been charged by the U.S. attorneys in the political corruption case.
ACCESSION #
16283822

 

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