Former Attorney General John D. Ashcroft agreed last night to appear at a House hearing to discuss his lucrative arrangement overseeing a medical equipment company, averting a showdown with committee members who had planned to meet today to authorize a subpoena. The move marks an about-face for Ashcroft, who told lawmakers earlier this month that ‘discussing the details of my legal responsibilities, as requested, in this pending criminal case and related ongoing criminal investigation would violate my ethical obligations.’ Ashcroft, who left public service three years ago to start a private consulting firm, won the contract under a settlement the company reached with federal prosecutors in New Jersey. Under a recent government policy, companies facing criminal investigation can accept such outside supervision to avoid indictment. Ashcroft’s consulting firm stands to collect between $28 million and $52 million over 18 months for reviewing the operations of Zimmer Holdings, an Indiana company that makes replacement hips and knees. Zimmer last year settled government charges over kickbacks it allegedly provided doctors in exchange for using its products. The deal touched off criticism in New Jersey political circles and on Capitol Hill, where leaders of the House and Senate judiciary […]
Tuesday, February 26th, 2008
In Shift, Ashcroft to Testify on Oversight Deal
Author: CARRIE JOHNSON
Source: Washington Post
Publication Date: Tuesday, February 26, 2008; D01
Link: In Shift, Ashcroft to Testify on Oversight Deal
Source: Washington Post
Publication Date: Tuesday, February 26, 2008; D01
Link: In Shift, Ashcroft to Testify on Oversight Deal
Stephan: