
State regulators shut down further scrutiny of LUS/LUS Fiber transactions
The PSC, which has limited oversight of LUS Fiber, shut down any further scrutiny of a pending self-report from December 2019.
The PSC, which has limited oversight of LUS Fiber, shut down any further scrutiny of a pending self-report from December 2019.
The gist: Late last night, City Council members questioned a representative of Metairie-based CPA firm Carr, Riggs & Ingram about his forensic analysis of transactions between LUS and LUS Fiber, pressing him on the decision to forgo an interview with the man the firm’s report repeatedly accuses of illegal conduct. The council also decided to […]
Reaching conclusions already voiced by the Guillory administration and its predecessor, a long-awaited forensic investigative report on suspect transactions between LUS and Fiber accuses former Director Terry Huval of flouting state law to inflate Fiber’s revenue by millions of dollars.
Walking back an allegation central to the lingering scandal around LUS, Lafayette’s city-parish attorney admitted in the wee hours of Tuesday night’s council meeting that thousands of former LUS Director Terry Huval’s emails were never missing. The purportedly missing emails were a key factor in the Guillory administration’s request for a criminal investigation into LUS.
The gist: Challenged by the council to be more transparent, Mayor-President Joel Robideaux delivered to the Lafayette Public Utilities Authority potentially damaging comments gathered by the administration during its investigation of payments by LUS to LUS Fiber.
The gist: Changes to LUS and LUS Fiber leadership, announced suddenly the night before October’s primary, were said by the Robideaux administration to be tied to an ongoing internal review of transactions between the systems that was requested by the Louisiana Public Service Commission. PSC representatives, however, contradict that assertion — saying no such internal […]
The gist: Breaking the day before Saturday’s primary, Mayor-President Joel Robideaux removed interim directors for LUS and LUS Fiber, installing his chief administrative officer over the utilities system and elevating a longtime staffer within Fiber.
LUS Fiber has recently been accused of receiving millions in illegal subsidies from LUS. This is a complex issue with a lot at stake. An explainer is in order.
The gist: Last week, the mayor-president alleged that LUS Fiber charged LUS millions in fraudulent payments for a power outage monitoring system that wasn’t useful. He asked for the Public Service Commission to investigate, swirling controversy around Fiber and its former director. Regardless of the episode’s outcome, it’s clear Fiber faces significant financial risk moving […]
The gist: The Daily Advertiser broke a story late Monday that Lafayette Mayor-President Joel Robideaux has self-reported a second potential violation of state law regulating LUS Fiber. In his Monday letter to the Louisiana Public Service Commission, Robideaux claims LUS may have made illegal payments totaling $8 million to LUS Fiber over an eight-year period. […]
The gist: Lafayette’s future utilities director could make $250,000, close to the salary retired LUS Director Terry Huval earned to run both LUS and LUS Fiber. The council introduced a measure to bump the budgeted salary to that figure for the newly independent position.
As part of its plan to take over management of LUS’s electric division, Bernhard Capital Partners is presenting a vision of creating a Fortune 500 company headquartered in Lafayette.