Fraud at the Republican Campaign Committee?
By Paul Kiel - March 6, 2008
from TPM Muckraker
On February 1st of this year, National Republican Campaign Committee Chairman Tom Cole (R-OK) abruptly released a statement about recently discovered "irregularities in our financial audit process." That was it: no details about whether money might have been stolen, just word that they'd seen fit to bring in the federal authorities.
The details, as they've come, have been embarrassing for the committee, which works to get Republicans elected to the House (which was already hurting in comparison to its Democratic counterpart before all this began).
According to The New York Times this morning, it all began to unravel when Rep. Mike Conaway (R-TX), a CPA, asked to meet with the audit firm that was supposedly checking the NRCC's books, an idea that apparently no one had had for several years. Christopher Ward, then the NRCC's treasurer, finally relented, but then chickened out 30 minutes before and fessed up that there actually hadn't been any audits.
(Continued here.)
from TPM Muckraker
On February 1st of this year, National Republican Campaign Committee Chairman Tom Cole (R-OK) abruptly released a statement about recently discovered "irregularities in our financial audit process." That was it: no details about whether money might have been stolen, just word that they'd seen fit to bring in the federal authorities.
The details, as they've come, have been embarrassing for the committee, which works to get Republicans elected to the House (which was already hurting in comparison to its Democratic counterpart before all this began).
According to The New York Times this morning, it all began to unravel when Rep. Mike Conaway (R-TX), a CPA, asked to meet with the audit firm that was supposedly checking the NRCC's books, an idea that apparently no one had had for several years. Christopher Ward, then the NRCC's treasurer, finally relented, but then chickened out 30 minutes before and fessed up that there actually hadn't been any audits.
(Continued here.)
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