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- GARKANE SCANDAL FACTS
- FACT 1: Rotation Period
- FACT 2: Legal HiJacking
- FACT 3: The Broken Law
- FACT 4: The Board "Gift"
- FACT 5: Supremacy Clause
- FACT 6: Account 266
- FACT 7: The Confession
- FACT 8: Chief Sponsor(s)
- FACT 9: Pure Discrepancy
- FACT 10: Intent
- FACT 11: Retain and Use?
- FACT 12: Member Betrayal
- FACT 13: Subvert Returns
- Fact 14: Garkane Respect?
- Fact 15: The Shortfall
- Fact 16: Co-Op Purpose
- Fact 17: Implied Promise
- Fact 18: Who allowed it?
- Fact 19: The Endorsement
- Fact 20: There are others
- Fact 21: The Collusion
- Fact 22: The Coffin Nail
The CONFESSION
The Press Release that introduced the Narrative
The current CEO and Board not only refuse to fix a faulty capital credit return policy but openly endorse the ownership transfer of unclaimed property for their use. CEO Dan McClendon said in the summer 2018 Highlights, “Garkane, along with other electric cooperatives in the state successfully lobbied the legislature a few years ago to expand the opportunities where unclaimed capital credits could be used.” (See the summer 2018 Highlights) ... Read my concerns, and then their response.
