Mike Madriaga 10:30 a.m., May 26
UCAN Likely to Get New Executive Director
Beleaguered Utility Consumers' Action Network will probably get a new executive director, according to the second report of the court-appointed receiver, Richard Kipperman, which has been filed with Superior Court.
Kipperman says in the filing that a potential global settlement is near. However, as of today (May 23), it does not appear that all parties have agreed to the settlement. If a new executive director were hired, co-founder Michael Shames is expected to become a consultant to the watchdog group, handling the general rate case that San Diego Gas & Electric has filed with the California Public Utilities Commission.
Most of the parties involved in the long-running UCAN dispute are happy with the potential settlement. UCAN earlier filed to dissolve, but whistleblowers within the organization opposed a dissolution. Under the agreement, UCAN will be able to continue, it appears.
I spoke with Kipperman and got more details. In the controversial deal by which $1 million was to be passed through UCAN from Nucor Steel on its way to Peter Navarro for a documentary on China's trade abuses, $1 million came in and UCAN has only passed $600,000 to Navarro. The rest reposes with UCAN.
There is a proposal on the table to iron out that deal, says Kipperman. Money in accounts with a different spelling of the UCAN name have been accounted for, says Kipperman. The Federal Bureau of Investigation is probing UCAN's books, and Kipperman turned over all materials to investigators. There is a court hearing with Judge John Meyer Friday at 2 p.m. and Kipperman hopes that the settlement can get court approval June 29.
More like this:
- UCAN: Misspelled Accounts Add Up — Oct. 17, 2012
- Shames Forms Own Group; Malcolm of UCAN Questions His Statements — June 26, 2012
- Four of Five UCAN Board Members Must Resign — May 31, 2012
- Kipperman Named UCAN Receiver — March 23, 2012
- Suit Against UCAN Charges Document Destruction — March 9, 2012