Justice Department indicts Sen. Ted Stevens (NBC)

Prosecutors say he received $250K in gifts and services from VECO Corp.

WASHINGTON - Sen. Ted Stevens, the longest-serving Republican senator and a figure in Alaska politics since before statehood, was indicted Tuesday on seven counts of failing to disclose thousands of dollars in services he received from a company that helped renovate his home.

Stevens, the first sitting U.S. senator to face federal indictment since 1993, has been dogged by a federal investigation into his home renovation project and his dealings with wealthy oil contractors.

The investigation has upended Alaska state politics and cast scrutiny on Stevens — who is running for re-election this year — and on his congressional colleague, Rep. Don Young of Alaska, who is also under investigation.

Prosecutors said Stevens received more than $250,000 in gifts and services from VECO Corp., a powerful oil services contractor, and its executives.

From May 1999 to August 2007, prosecutors said, the 84-year-old senator concealed "his continuing receipt of hundreds of thousands of dollars worth of things of value from a private corporation."

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Read More: MSNBC