Petraeus scandal includes local connection
Adam Victor
Adam Victor
slideshow

Julia Roberts Goad

Staff Writer

A man who is investing billions of dollars in the local coal industry has been implemented in the ever widening Gen. Petraeus scandal.

Petraeus resigned as head of the CIA after admitting he had had an affair with Paula Broadwell. Broadwell had allegedly sent threatening emails to a woman in Florida, Jill Kelley, who she thought may be a rival for Petraeus’ affections.

The plot has thickened to include a local connection.

Adam Victor, president and CEO of TransGas Development Systems, is a New York businessman who was managing a multi-billion-dollar Korean business deal related to coal gasification plants. He is also investing $4 billion in Adams Fork Energy, a coal-to-liquid plant planned for Mingo County.

When constructed, the facility that will convert 7,500 tons of regional coal into premium grade ultraclean gasoline, producing 18,000 barrels per day (756,000 gallons).

The project is a post-mine-land-use project of the Mingo County Redevelopment Authority (MCRA).

Victor met Kelley at the Republican National Convention in Tampa in August. According to ABC News, Jill Kelley dropped Gen. Petraeus’ name, saying that Petraeus had arranged for her to become an honorary consul for South Korea in order to promote free trade.

Victor said he Kelley requested fee to help him broker a deal with Korea. While Victor thought it made sense to have a trusted aide in charge of promoting free trade, trouble came when when Kelley named her fee for brokering the deal. The entire deal was worth $4 billion.

Kelley requested Victor pay a 2 percent fee. Victor said he felt the fee, $80 million, was exorbitant and terminated their relationship.

Kelley has also been accused of running a bogus charity allegedly to fund political parties all the while living a lavish lifestyle.

Comments
(3)
Comments-icon Post a Comment
RolfCarle
|
December 01, 2012
Adam Victor is a snake, don't give into him Mingo!! In the 90's he developed a power plant in Syracuse NY called Project Orange. In 2010 Syracuse evicted Victor and Project Orange from it's city owned site, to gain insight into how a "business man" like Victor operates research the law suit that developed around him and his company, Project Orange. In early 2000 Victor and his company, TransGas Energy, tried to build a power plant in my Brooklyn, NY neighborhood, we fought him and won! More about that here: http://www.stopthepowerplant.org/

bhat
|
November 21, 2012
Ms. Goad---In line three, I think you mean "implicated", not "implemented". Been hanging out with Rachel? I don't think anyone is going to be investing $4 billion in a coal to liquid fuel plant. Everyone, except Pike Judge Exec Rutherford, knows that this process is cost prohibitive. Coal would have to be available at $10 per ton, like the Powder River Basin coal, before the liquification process would be anywhere near economically feasible, and even at that cost for coal, the resultant fuel would have to be sold at more than $25 per gal. Don't take my word for this, you are allegedly a journalist so do some research. That's what I do. Notify me when the first gallon of fuel is produced at this nefarious "plant", and I promise to have six super good pizzas, from Pizza Time, delivered to the WDN. Nice suit Mr. Victor is wearing, but methinks he be a snake oil salesman!
RolfCarle
|
December 01, 2012
I can guarantee that Victor has invested little if anything into Mingo, and I don't think "implicated" is the the word to describe Victor's involvement with the Petraeus scandal. More likely than not Adam Victor leaked the story to show that he is a well connected important business man, the truth is, he is the son of rich Brooklyn Socialites with one failed business adventure under his belt. As with Watergate: follow the Money...if there is any! And oh yeah, if you all in Mingo want an investment, we have a bridge for sale here in Brooklyn; )
Norfolk Southern steam excursion in town
RACHEL DOVE-BALDWIN Staff Writer WILLIAMSON - All aboard!! These will be the welcome words tha...
Aug 04, 2012 | 0 0 comments | 28 28 recommendations | email to a friend
full story
Staff Photo/KYLE LOVERN

The demolition crew began tearing down the old Norfolk & Western Freight Depot on Third Avenue in downtown Williamson on Tuesday evening. The historic building was rented by the Williamson Daily News from 1972 to 2010.
Old N & W freight building torn down
Structure housed the Williamson Daily News for years
Jun 21, 2012 | 2 2 comments | 42 42 recommendations | email to a friend
full story
Tug_Valley_Relay_for_Life_raises_thousands_for_American_Cancer_Society0_1340030709.jpg
Tug Valley Relay for Life raises thousands for American Cancer Society
WHS Class of ‘72 gathers to support one of their own
Jun 17, 2012 | 0 0 comments | 38 38 recommendations | email to a friend
full story
Two_W_Va_men_arrested_in_Martin_County0_1339781974.jpg
Two W.Va. men arrested in Martin County
Pounds of pot found in vehicle
Jun 16, 2012 | 0 0 comments | 30 30 recommendations | email to a friend
full story
Christmas with the Coley's Family Reunion May 20th at Grants Branch Park. Santa (Mitch Case) with the Coley Kids


News
<p>Dr. Doug Ward</p>
Doug Ward receives doctorate from Morehead
Morehead State University’s spring 2013 commencement proved to be historic as 19 students graduated with a Doctorate of Educational Leadership degree. Even before this three-year program was appro...
May 26, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
full story
Attorney Eric C. Conn, left, says he admires heroes and believes Charles Ramsey, right, fits that bill. Conn commissioned a bust of Ramsey and asked him to come to his Stanville office for its presentation.
Cleveland hero visit Eastern Kentucky
STANVILLE — Charles Ramsey, the Cleveland dishwasher who rose to national prominence for assisting in the escape of three women who had been kidnapped and imprisoned for nearly a decade, says he d...
May 25, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
full story
Read More News
Sports
<p>Coach Michael Hagy will bring his Belfry Pirates into the 15th Regional tourney this week as 60th District champs. The Pirates are hoping to make some noise in the regional and will be playing on their home field.</p>
Belfry to host 15th Regional tourneys
Pairings will be announced on today
May 25, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
full story
Mingo 4-H will host annual golf tournament
Kyle Lovern Sports Editor The Mingo County 4-H organization will hold its annual golf tournament on Saturday June 8, at the Tug Valley Country Club located at Sprigg. There will be cash prizes awarded at the golf tournament. The First Place Team will share $400, the Second Place Team w...
May 24, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
full story
Read More Sports
Opinion
White would be right choice for Speaker
When House Finance Chairman Harry Keith White, D-Mingo, announced his candidacy this week for the House of Delegates speaker position, we weren’t surprised. In our mind, he’s the right man for the job. Supporting White goes far beyond casting a vote for one of our own. We realize how important...
May 24, 2013 | 0 0 comments | 4 4 recommendations | email to a friend
full story
Real journalists don’t hide behind anonymous sources
It’s been no secret that there have been rumblings over at the Mingo County Courthouse in recent months, but we were shocked when a television station in Charleston decided to hide behind anonymous sources and report on an event that simply hasn’t happened yet and may never happen. It’s irresp...
May 23, 2013 | 5 5 comments | 24 24 recommendations | email to a friend
full story
Read More Opinion
Latest Video
Weather
Sponsored By:

RSS Feeds
All articles feed
News feed
Sports feed
Videos feed
Obituaries feed
Opinion feed
Local Features
Goins brothers, others in ‘13 music HOF class
CHARLESTON — Bluegrass musicians Melvin and the late Ray Goins are among seven unique state artists that will be inducted into the West Virginia Music Hall of Fame. The Mercer County brother...
May 16, 2013 | 0 0 comments | 4 4 recommendations | email to a friend
full story
‘MegaForce’
When a South American country steps out of line, the world calls on the MegaForce to step in and blow stuff up in this action romp from the 1980s. The summer of 1982 was a fantastic one for big ...
Dec 28, 2012 | 0 0 comments | 9 9 recommendations | email to a friend
full story
Read More Local Features
Poll
Sponsored By:

Give us your opinion
Apr 09, 2013 | 1381096 views | 0 0 comments | 18 18 recommendations | email to a friend | print

Do you agree with the Mingo County Commission's decision to name Rosie Crum as interim sheriff?

View Previous Polls
Special Sections
Coalfield Connection - May 25, 2013
Graduation 2013 - May 22, 2013
Coalfield Connection - May 18, 2013
Business Card Directory 2013