Multi-million dollar settlement with Colbert Co. business executive reached

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The $21 million Aziz is paying will go toward investigative costs and the retirement... — The $21 million Aziz is paying will go toward investigative costs and the retirement systems.(Source: WAFF)

COLBERT COUNTY, AL (WAFF) - A multi-million dollar settlement has been reached in the case of a business executive charged with securities fraud in Colbert County.

Greg Aziz agreed to pay the state $21 million dollars.

Aziz was indicted a year ago on charges he mislead the state about a project to build railcars in Barton.

The $21 million Aziz is paying will go toward investigative costs and the retirement systems.

RSA now owns the half a billion dollar plant in Colbert County.

Multi-million dollar settlement with Colbert Co. business executive reached

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