Author Topic: Former Obama Transportation Secretary Accepted Undisclosed $50,000 Payment From Foreign Billionaire  (Read 365 times)

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Former Obama Transportation Secretary Accepted Undisclosed $50,000 Payment From Foreign Billionaire
March 31, 2021
Varun Hukeri
Quote
Former Transportation Secretary Ray LaHood accepted a $50,000 undisclosed payment from Lebanese-Nigerian billionaire Gilbert Chagoury while serving in the Obama administration, the Justice Department announced Wednesday.

LaHood, who was facing financial difficulties at the time, admitted that in June 2012 he accepted the payment through Chagoury associate Toufic Joseph Baaklini, the Justice Department said in a statement. LaHood said he failed to disclose the payment on two government ethics forms as required by law because he did not want to be associated with Chagoury.

The Justice Department also said LaHood “made misleading statements” to federal agents investigating Chagoury about the payment and its source. ...

Chagoury and his associates agreed to resolve a federal investigation into whether they violated federal election laws by scheming to make illegal campaign contributions, federal prosecutors announced. The billionaire, who lives in France, admitted to funneling $180,000 in donations to presidential and congressional candidates between 2012 and 2016. ...
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