Diebold CEO resigns under shadow of corruption

Another Bush ally, another corrupt businessman.

The chief executive officer of electronic voting company Diebold who once famously declared that he would "deliver" Ohio for President Bush has resigned effective immediately, Raw Story has learned.

"The board of directors and Wally [O'Dell] mutually agreed that his decision to resign at this time for personal reasons was in the best interest of all parties," the company's new chairman said in a statement.

O'Dell's resignation comes just days after reports from BradBlog.com that the company was facing imminent securities fraud litigation surrounding charges of insider trading. It also comes on the heels of a Raw Story interview with a Diebold insider, who raised new allegations of technical woes inside the company, as well as concerns that Diebold may have mishandled elections in Georgia and Ohio.