I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
Posts Tagged Picacho Hills Utility Company
The PRC voted Thursday to fine the small, 800-customer Picacho Hills Utility Company an unprecedented $1 million to $1.5 million in a case that involved allegations of embezzlement, witness intimidation, perjury, and a long-standing and unresolved threat to residents’ health: untreated sewer contaminating the affluent neighborhood’s golf course. The owner of the company claims the charges and fines are intended to force him to sell his utility — and its water rights, which he said were recently appraised for $18 million.
The Public Regulation Commission (PRC) will refer allegations of perjury and witness intimidation against Picacho Hills Utility Company owner and real estate developer Stephen Blanco to the Attorney General’s office, according to PRC records and commissioners. The findings, which the PRC will vote to refer to the attorney general’s office by Aug. 12, resulted from an agency review of Blanco’s company.
The Public Regulation Commission (PRC) might not issue a record $850,000 fine or order a fraud audit of a Las Cruces water utility’s finances despite protests from some of its staff. The difference of opinion emerged during a PRC hearing Tuesday.