Bullet points of Senate votes to hold Steward Health Care CEO Ralph de la Torre in contempt
Bullet points of Senate votes to hold Steward Health Care CEO Ralph de la Torre in contempt
- The US Senate has unanimously passed a resolution to hold Ralph de la Torre, CEO of Steward Health Care, in criminal contempt of Congress for failing to appear at a hearing to testify on Capitol Hill.
- De la Torre's company, Steward Health Care, has been accused of failing to pay for life-saving supplies at its facilities, and he and his partners extracted hundreds of millions of dollars from the company before it filed for bankruptcy.
- The Senate resolution refers the matter to the Department of Justice for prosecution, marking the first time the Senate has held someone in criminal contempt since 1971.
- Steward Health Care owned over 30 hospitals across eight states before declaring bankruptcy earlier this year, and the company's hospitals have struggled financially, with two Massachusetts hospitals closing last month, leaving 1,200 workers jobless.
- De la Torre has been accused of lavish spending, including the purchase of a $40 million yacht, a $7 million Texas horse ranch, and two corporate jets valued at $95 million.
- The Senate has been investigating Steward Health Care's bankruptcy and de la Torre's management of the company, and de la Torre's attorney has asked to postpone his testimony until after the bankruptcy proceedings are resolved.
- The Department of Justice has also opened a separate criminal probe into Steward Health Care, examining the compensation, spending, and travel of the company's top executives, including de la Torre.
- The US Senate has unanimously passed a resolution to hold Ralph de la Torre, CEO of Steward Health Care, in criminal contempt of Congress for failing to appear at a hearing to testify on Capitol Hill.
- De la Torre's company, Steward Health Care, has been accused of failing to pay for life-saving supplies at its facilities, and he and his partners extracted hundreds of millions of dollars from the company before it filed for bankruptcy.
- The Senate resolution refers the matter to the Department of Justice for prosecution, marking the first time the Senate has held someone in criminal contempt since 1971.
- Steward Health Care owned over 30 hospitals across eight states before declaring bankruptcy earlier this year, and the company's hospitals have struggled financially, with two Massachusetts hospitals closing last month, leaving 1,200 workers jobless.
- De la Torre has been accused of lavish spending, including the purchase of a $40 million yacht, a $7 million Texas horse ranch, and two corporate jets valued at $95 million.
- The Senate has been investigating Steward Health Care's bankruptcy and de la Torre's management of the company, and de la Torre's attorney has asked to postpone his testimony until after the bankruptcy proceedings are resolved.
- The Department of Justice has also opened a separate criminal probe into Steward Health Care, examining the compensation, spending, and travel of the company's top executives, including de la Torre.