Austin American-Statesman Reports TAB Indictments

A Travis County grand jury last month indicted the Texas Association of Business and sealed the two felony charges as it continued to investigate allegations that TAB illegally spent corporate money during the 2002 legislative campaign, according to sources familiar with the investigation.

The sources did not want to be named because of the confidentiality of the grand jury action.

That grand jury, which has been meeting off and on for weeks, returns today to resume deliberations.

Austin lawyer Roy Minton, who represents the association, said Wednesday night that he was unaware of any indictments, but he accompanied TAB President Bill Hammond on Wednesday for a rare face-to-face meeting with prosecutors outside the grand jury's presence to try to head off criminal charges against the organization or its officers.

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