Kott Convicted

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Former Alaska State Rep. Pete Kott (R) was convicted yesterday on bribery charges stemming from the wide-ranging investigation of VECO Corp., an oil services company whose CEO has confessed to using money and other favors to influence the actions of legislators on an crucial crude oil tax that meant millions in profits for VECO.

Kott is one of several lawmakers to be investigated in the VECO probe, including Senator Ted Stevens (R-AK) and his son, former State Senate President Ben Stevens. Kott faces up to 35 years in prison combined for charges he was convicted on.

Sen. Stevens, despite nearly daily reports on the escalating nature of the investigation, doesn't appear to be on the receiving end of much repercussion from his peers in the Senate but perhaps now they'll smell blood in the water.