The Mystery House: How a Suspicious Multimillion Dollar Real Estate Deal Is Connected to California'
Shortly after a devastating wildfire destroyed the small town of Paradise in Northern California in November 2018, Pacific Gas & Electric hired an obscure waste disposal company to help it rebuild from the fire.
PG&E owed the firm millions of dollars when it abruptly terminated its business relationship this year. The utility giant announced that two of its employees lost their jobs over allegations they had taken bribes from the company, known as Bay Area Concrete Recycling.
Now, an investigation by the Bay City News Foundation and ProPublica has revealed for the first time a multimillion-dollar real estate transaction linking one of Bay Area Concrete’s owners, Yadwinder “Kevin” Singh, to the PG&E employee who supervised the company’s work in Paradise.
In effect, Singh transferred ownership of a home to the PG&E employee, who sold it back a month later to a holding company linked to Singh. It could not be determined whether the PG&E employee paid any money in exchange for the transfer of ownership. It is also unclear whether the bribery allegations by PG&E are connected to the home sale between their employee and Singh.
Read more: https://www.propublica.org/article/the-mystery-house-how-a-suspicious-multimillion-dollar-real-estate-deal-is-connected-to-californias-deadliest-fire
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