Renzi didn’t reveal $200K

[maddezmom]

Source: The Hill

By Alexander Bolton
April 26, 2007

Rep. Rick Renzi (R-Ariz.) failed to disclose a $200,000 payment he received from a business partner in 2005 in apparent violation of House ethics rules. Prosecutors could use the omission as evidence that Renzi intended to conceal a transaction he knew to be controversial or even improper.


The $200,000 was a payment from James Sandlin to settle a debt related to a previous business transaction involving land in northeast Arizona, one of the lawmaker’s attorneys, Grant Woods, told a newspaper last week.



This explanation might have been expected to dispel suspicion that Sandlin gave Renzi an illegal gift in exchange for action Renzi took to help Sandlin sell a $4 million parcel of land.


But Renzi’s claim that Sandlin’s $200,000 payment was a legitimate business transaction is weakened by the fact that he failed to disclose it in his personal financial disclosure report for 2005 filed with the House clerk.


Renzi’s spokesman did not respond to several requests for comment. Renzi’s attorney also failed to respond to requests for comment.





Read more: http://thehill.com/leading-the-news/renzi-didnt-reveal-200k-2007-04-25.html

[w4rma]

1. Is it just me or do the bribes seem to be growing larger? (nt)

[StarryNite]

2. It's time to take out the trash.

[truthisfreedom]

3. A funny thing happened along the way to the Democrats taking over Congress...