Wednesday, June 23, 2010

Meeks hid his loans

From the Daily News:

Congressman Gregory Meeks has received tens of thousands of dollars in personal loans that he didn't report publicly, the Daily News has learned.

Meeks (D-Queens) admitted to The News late Friday that in the past three years, he has obtained two loans totaling $55,000 that he did not reveal on the financial disclosure forms he's required to file with the U.S. House clerk.

He says he obtained one loan with an initial principal of $40,000 in 2007 and says he since has paid it back. Meeks says he got a second personal loan in 2008 with an initial principal of $15,000 that he's still paying back.

The congressman said that on Friday he filed amended financial disclosure statements that reflect the existence of the two loans.

His office, though, failed to respond to repeated requests for copies of the amended reports.

Meeks refused to disclose the purpose of either loan, but a source familiar with the situation said they were related to construction and renovation of his ornate, $830,000 home in Jamaica.

He also refused to explain why he'd suddenly confirmed the existence of the two loans. In previous filings, he'd revealed other minor items that weren't listed on his disclosure forms, records show.

The existence of the loans emerged Friday, shortly after The News questioned him about another loan he, for the first time, had disclosed.

Released Friday, the form stated that sometime last year, Meeks got a "personal loan" of $50,000 to $100,000 from a Queens businessman named Ed Ahmad.

One of Ahmad's businesses sells construction supplies and kitchen and bathroom appliances for homes. Saturday, an employee at Ahmad's real estate office said he was in a meeting and couldn't come to the phone to discuss the loan to Meeks. He did not return subsequent calls.


Anonymous said...

Public servant with an $800,000 house.All on the up and up ,i'm sure.It's great bein' a black politician,you get votes from da community just for bein' black.And they don't care what you do!

Anonymous said...

Gorgeous house (not).

georgetheatheist said...

"..his ornate, $830,000 home..."

I bet you he has a plastic slipcover on the sofa.

Anonymous said...

"I bet you he has a plastic slipcover on the sofa."