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Published on: 2025-04-25 18:48:39 Published on: 2025-04-25 18:48:39

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what is causing the decline of sudarshan chemical industries limited (506655) ✌️【Recruitment Platform】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. Thao, Andre Jones and business owners Andy and David Duong were indicted on charges of bribery, conspiracy and mail and wire fraud. Andy Duong also was charged with one count of lying to federal agents. All four made an initial appearance Friday.

Federal prosecutors allege Thao, who was elected Oakland’s mayor in 2022, agreed that the city would purchase housing units from one of the Duongs’ companies and renew the city’s contract with a recycling company David Duong owned. In exchange, David Duong and his son, Andy, promised to fund a $75,000 mailer attacking Thao’s political opponents and make $300,000 in payments for a no-show job for Jones, who is described in the indictment as Thao’s longtime romantic partner who lived with Thao in Oakland.

“The alleged activities of the accused have led to a growing sense of distrust among taxpayers and elected officials,” Internal Revenue Service Special Agent Linda Nguyen said at a news conference Friday announcing the indictments. “As alleged, David and Andy Duong used bribes to further the profitability of their business interests and to obtain undo influence over the appointment of high-level Oakland city officials.”

David Duong was the president and CEO of a recycling company that provided residential recycling collection services to Oakland homes and also co-owned with Andy Duong a housing company formed in 2022 to manufacture prefabricated modular homes for unhoused people.

If convicted of all counts, each faces up to 35 years in prison. Andy Duong faces up to an additional five years if convicted of lying to agents.

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Voters in Oaklandousted Thao from officeduring a recall election in November just two years after she narrowly won office, becoming the first Hmong-American woman to become the mayor of a major US city.

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LongtimeDemocratic U.S. Rep. Barbara Leeis among those seeking to replace Thao as Oakland’s next mayor.

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