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JUNEAU, Alaska (AP) - Guilty pleas from two oil field services executives who admit bribing legislators have Alaska officials examining whether they should give up campaign contributions connected to their company, for years a major player in state politics.
Campaign donation records also show that VECO Corp. sent tens of thousands of dollars to candidates outside Alaska, including President Bush. One of the executives, VECO founder and CEO Bill Allen, served as state financial co-chairman in Bush's 2000 campaign.
Since 1990, Anchorage-based VECO, its employees and their family members gave the state and national Republican parties, GOP congressional candidates and Bush slightly more than $1 million, according to an analysis by watchdog Center for Responsive Politics. Bush's 2000 and 2004 presidential campaigns received a total of about $24,000 of that money.
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