Re: Corrente: Martineau latest to cop a plea
US Attorney Robert Clark Corrente reminds us in his October 9 press release
Even though Martineau has signed an agreement to plead guilty, he has not
yet entered a plea.
This presumably will happen on Friday, the day Former House Majority Leader Gerard Martineau (D) is scheduled to be arraigned, according to the Providence Journal.
In the meantime, one item in the Plea Agreement caught my eye.
3. The defendant understands that the Government has developed evidence that the defendant also participated in and favorably influenced the outcome of Capital Gains Legislation at the behest of “The Pharmacy”, as that term is defined in the Information, while being paid undisclosed income by The Pharmacy (“the Matter under Investigation”). This Criminal Information and Plea Agreement are intended to resolve all criminal charges related to the defendant’s conduct as an elected official involving the Pharmacy and the “Health Insurance Company”, as that term is defined in the Information, except for the Matter Under Investigation. The Defendant understands that, becausehe is not admitting to any criminal conduct involving Capital Gains Legislation, he may be charged in the future with an offense or offenses related to the Matter under Investigation. The defendant specifically waives any double jeopardy and statute of limitation protection he may have relative to any such charges.
In short, even if the Plea Agreement is formalized on Friday, US Attorney Corrente may not be finished with Mr. Martineau.
The Providence Journal reports this morning:
Six years ago, legislative leaders Gerard M. Martineau and William V. Irons strongly advocated reducing the Rhode Island capital-gains tax.
Martineau, the House majority leader, called it one of his priorities for the 2001 session.
Irons, the Senate leader, told a Chamber of Commerce group that CEOs such as Thomas M. Ryan of CVS deserved tax breaks, because they helped drive Rhode Island’s economy.
Today, the FBI is investigating that 2001 tax bill as part of Operation Dollar Bill, the federal State House corruption probe — one that could lead straight to Ryan, chief executive of the nation’s biggest drugstore chain.
Business leaders tell The Journal that Ryan was a strong advocate for the tax cut.
Ryan knew about Irons’ insurance business — Irons, through his lawyer, has acknowledged to The Journal that he asked his friend Ryan about getting the business. But CVS refuses to say whether Ryan knew about Martineau’s bag contracts, which Martineau was invited to bid on by another, unnamed CVS executive when the drugstore chain was seeking Martineau’s support on legislation.
Nor will CVS say if Ryan had any meetings or conversations with Irons or Martineau about the capital-gains legislation.
“That is part of an ongoing investigation,” said a CVS spokesman. “We have no comment.”