Also via Yahoo News
Former Attorney General John Ashcroft has agreed to appear at a federal hearing looking into no-bid contracts he and others received to monitor out-of-court corporate settlements.
A House Judiciary Committee subcommittee announced the agreement with Ashcroft in Washington, D.C., on Monday, the day before the committee was to consider authorizing its chairman to issue him a subpoena.
The committee hearing was hastily postponed after Ashcroft said he would voluntarily testify.
The former attorney general is considered a key witness in the inquiry into lucrative federal monitoring contracts awarded by federal prosecutors to hand-picked monitors to oversee deferred prosecutions.
The House hearing was prompted, in part, by complaints from two New Jersey congressmen after Christopher Christie, the U.S. Attorney for New Jersey, awarded a contract said to be worth $27 million or more to Ashcroft to monitor a medical device maker that had entered a deferred prosecution agreement with federal prosecutors.
Quid pro quo, no?