A grand jury has indicted state Sen. John Cowdery, R-Anchorage, on bribery and conspiracy counts in an ongoing federal investigation of corruption. The two-count indictment accuses Cowdery of conspiring with executives of VECO Corp. to bribe another unnamed state senator for votes to support oil and gas legislation. 

Three former Alaska lawmakers have been convicted in this investigation, and four current lawmakers are indicted.

U.S. Rep. Don Young and U.S. Sen. Ted Stevens, both Alaska Republicans, are under scrutiny for their relationships with VECO executives. Neither has been charged and both deny wrongdoing. (Associated Press)