Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project

Oak View Group CEO Tim Leiweke has been indicted on a federal criminal conspiracy charge related to his alleged role in rigging the bidding to develop, manage and operate the University of Texas’ basketball arena in Austin.

Leiweke, 68, is accused in the indictment of conspiring with another would-be bidder on the $338 million Moody Center arena project to induce that second company to drop out of the competition with Oak View Group in exchange for receiving lucrative sub-contracts at the arena.