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November 24, 2017

NorthShore Raid Focus of Federal Grand Jury


It’s been a year since federal agents, notably including some from the U.S. Army Criminal Investigation Command, raided a couple of Little Rock-area places of business.

Since then … crickets.

But Arkansas Business’ Whispers column confirms Monday that a federal grand jury has been hearing testimony related to the searches of Powers of Arkansas and Kullander Construction Co.

At the time, Alan Hope, CEO of Powers of Arkansas, said the search concerned a contractor, DAV Construction Co., that shared its office space in the NorthShore Business Park in North Little Rock.

Hope described DAV as one of several “service-disabled, veteran-owned companies” for which Powers, an HVAC subcontractor, had done work.

As Arkansas Business noted at the time, Hope was also an officer of DAV.

Sources in the construction industry suggest that the investigation might be exploring subcontracts doled out by DAV after winning federal contracts thanks, in part, to its favored status as a vendor owned by a disabled veteran.

When Whispers knows more, so will you.

It’s been a year since federal agents, notably including some from the U.S. Army Criminal Investigation Command, raided a couple of Little Rock-area places of business.

Since then … crickets.

But Arkansas Business’ Whispers column confirms Monday that a federal grand jury has been hearing testimony related to the searches of Powers of Arkansas and Kullander Construction Co.

At the time, Alan Hope, CEO of Powers of Arkansas, said the search concerned a contractor, DAV Construction Co., that shared its office space in the NorthShore Business Park in North Little Rock.

Hope described DAV as one of several “service-disabled, veteran-owned companies” for which Powers, an HVAC subcontractor, had done work.

As Arkansas Business noted at the time, Hope was also an officer of DAV.

Sources in the construction industry suggest that the investigation might be exploring subcontracts doled out by DAV after winning federal contracts thanks, in part, to its favored status as a vendor owned by a disabled veteran.

When Whispers knows more, so will you.

Source

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