Grand jury examining D.C.’s $21M investment

Published January 29, 2007 5:00am ET



A grand jury is investigating whether top officials in the District of Columbia broke federal law when they signed a $21 million deal with an investment firm that is now the center of a fraud investigation, sources told The Examiner.

No current or former city official has been targeted by the grand jury, but several have become “people of interest,” sources said, on condition of anonymity because grand jury proceedings are supposed to be secret.

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