CHICAGO — Former AT&T Illinois President Paul La Schiazza, who had been accused of bribing then-Illinois House Speaker Michael Madigan in exchange for the 2017 passage of legislation backed by the telecom giant, is poised to see his charges dropped under an agreement with federal prosecutors.

La Schiazza on Tuesday entered into a deferred prosecution agreement with the government that includes a $200,000 fine and his admission that he intended to bribe Madigan via a contract for the powerful speaker’s political ally.

The agreement cancels the retired executive’s retrial, which was set for January. But if La Schiazza commits any crimes or obtains any firearms within a year, it will be void.

U.S. District Judge Robert Gettleman, who presided over La Schiazza’s September 2024 trial that en

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