Word: wedtech
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...James McKay is preparing for the January trial of his influence-peddling case against former White House Political Aide Lyn Nofziger, who, like Deaver, left the White House to become a Washington lobbyist. In a related investigation, McKay is looking into Attorney General Edwin Meese's links to the Wedtech Corp., one of Nofziger's clients. Meese is also being investigated by Walsh...
...isolation, the letter could be seen as a momentary lapse. But it comes in the context of Meese's still unclear and possibly criminal role in the Iran-contra affair, as well as the growing revelations of his involvement in the Wedtech scandal. And, of course, it should not be forgotten that Meese's confirmation hearings were held up as a Special Prosecutor investigated charges of favoritism and corruption. How ironic it is, then, that marijuana use eight years ago is a scandal, while Meese's power and authority remain unimpaired...
...indicted last week on six conflict-of-interest charges by a federal grand jury in Washington. Within months after Nofziger left the Administration in January 1982, the grand jury said, he lobbied the Administration on behalf of the National Marine Engineers' Beneficial Association, the Fairchild Republic Co. and the Wedtech Corp., which is accused of paying off public officials in exchange for lucrative no-bid Government contracts. Nofziger was indicted under the 1978 Ethics in Government Act, which prohibits high public officials from lobbying their former agencies for one year after leaving their posts. If convicted, he ( could face...
...Despite Wedtech, there are success stories. General Railroad Equipment and Services, Inc., a black-owned firm in East St. Louis, Ill., has doubled its sales and almost tripled its work force in four years in the SBA program. Dennis Yee, the son of Chinese immigrants who used federal funds to build Abacus Technology in Washington, hails the SBA for allowing him "to establish a top-quality, competitive consulting firm...
...Wedtech scandal has prompted some congressional interest in reform legislation. Massachusetts Democrat Nicholas Mavroules, who chairs a House small-business subcommittee, is championing a bill that would bar any political appointee from helping select minority contractors or managing the program. A more controversial approach, favored by Massachusetts Republican Congressman Silvio Conte, would require minority contractors to participate in competitive bidding and eliminate the SBA's awkward role as the middleman between federal agencies and minority businesses...