Kentucky Registry Of Election Finance (KREF) SLAPS Former Lt. Governor Steve Henry With $10,000.00 Fine, Crminal Charges Could Follow. OUCH!
Henry to pay $10,000 fine for campaign violations
By Joseph Gerth
Former Lt. Gov. Steve Henry has agreed to pay a $10,000 fine and to stop raising money to repay what’s left of more than $1 million in loans he made to his 2007 gubernatorial campaign as a settlement of charges leveled against him by the Kentucky Registry of Election Finance.
That now clears the way for a special prosecutor to decide if he will seek criminal charges against Henry in connection with his gubernatorial campaign and a federal fundraising account that Henry said was exploring a 2008 race for the U.S. Senate.
The registry voted Friday to accept an agreement negotiated by the registry staff and Henry's lawyer.
The registry had previously found that Henry illegally accepted contributions greater than state law allows from six people, inaccurately reported the rental value of three computers as an in-kind contribution, gave incomplete descriptions of donors and accepted contributions from six people who laundered money from an employee of an eastern Kentucky road contractor.
But the most important charges had to do with the illegal use of a secondary campaign account, making it difficult for auditors to trace contributions and expenditures. State law requires that all campaign money be deposited into a primary campaign account before it moved to secondary accounts.
The violations are all to be considered “non-knowing,” meaning that Henry didn’t intentionally violate the law.
Special prosecutor James Crawford, the commonwealth’s attorney for Carroll, Grant and Owen counties, had asked for an audit of Henry’s account after former campaign workers accused Henry of various violations of state law, including using a Senate exploratory committee to lay the groundwork for a gubernatorial run.
State law doesn’t allow for exploratory committees in state races.
The agreement between Henry and the Registry says that Henry must close his campaign account by November, said registry chairman Craig Dilger. At that point, Henry wouldn’t be allowed to recoup whatever money is still owed him by the campaign, Dilger said.
According to his annual report in 2008, a year and a half after his loss in the 2007 Democratic primary, Henry’s campaign had not repaid him any of the $1,016,000 he loaned the campaign. ... .
Editor's comment: OUCH!
By Joseph Gerth
Former Lt. Gov. Steve Henry has agreed to pay a $10,000 fine and to stop raising money to repay what’s left of more than $1 million in loans he made to his 2007 gubernatorial campaign as a settlement of charges leveled against him by the Kentucky Registry of Election Finance.
That now clears the way for a special prosecutor to decide if he will seek criminal charges against Henry in connection with his gubernatorial campaign and a federal fundraising account that Henry said was exploring a 2008 race for the U.S. Senate.
The registry voted Friday to accept an agreement negotiated by the registry staff and Henry's lawyer.
The registry had previously found that Henry illegally accepted contributions greater than state law allows from six people, inaccurately reported the rental value of three computers as an in-kind contribution, gave incomplete descriptions of donors and accepted contributions from six people who laundered money from an employee of an eastern Kentucky road contractor.
But the most important charges had to do with the illegal use of a secondary campaign account, making it difficult for auditors to trace contributions and expenditures. State law requires that all campaign money be deposited into a primary campaign account before it moved to secondary accounts.
The violations are all to be considered “non-knowing,” meaning that Henry didn’t intentionally violate the law.
Special prosecutor James Crawford, the commonwealth’s attorney for Carroll, Grant and Owen counties, had asked for an audit of Henry’s account after former campaign workers accused Henry of various violations of state law, including using a Senate exploratory committee to lay the groundwork for a gubernatorial run.
State law doesn’t allow for exploratory committees in state races.
The agreement between Henry and the Registry says that Henry must close his campaign account by November, said registry chairman Craig Dilger. At that point, Henry wouldn’t be allowed to recoup whatever money is still owed him by the campaign, Dilger said.
According to his annual report in 2008, a year and a half after his loss in the 2007 Democratic primary, Henry’s campaign had not repaid him any of the $1,016,000 he loaned the campaign. ... .
Editor's comment: OUCH!
Labels: Democratism, Keeping them honest
posted by KYJurisDoctor at 2:02 PM
0 Comments:
Post a Comment
<< Home