Senior Dem on House Ethics committee under investigation--West Virginia Rep. Mollohan
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Senior Dem on House Ethics committee under investigation--West Virginia Rep. Mollohan

West Virginia Rep. Mollohan Has Real-Estate Holdings That Also Bring Scrutiny Growth of Budget 'Earmarks'

(Excerpt)
... money has brought more than jobs and building projects to his district. It has formed and financed a tight-knit network of nonprofit institutions in West Virginia that are run by people who contribute regularly to Mr. Mollohan's campaigns, political-action committee and a family foundation. One ...invests in real estate alongside Mr. Mollohan and his wife. The network of contributors also includes private companies that get contracts through these nonprofits.

Such a pattern raises questions about whether the donations or deals might be a way beneficiaries of earmarks could influence the legislator's actions. Now, federal prosecutors have opened an investigation of Mr. Mollohan's finances and whether they were properly disclosed, according to people contacted in the inquiry. Mr. Mollohan (right) hasn't been accused of wrongdoing. A spokesman for the U.S. attorney's office in Washington, whose public-corruption unit is conducting the inquiry, declined to comment.

... partners with Mr. Mollohan and his wife in five properties in Bald Head Island, N.C., valued in local real-estate records at a total of $2 million. The Mollohans recently bought a $1.45 million oceanfront home on the island, called the Peppervine House, which they rent out for $8,555 a week, next to the Kuhns' house, known as Cape Fearless. ....

Mr. Mollohan's government financial disclosure form, which shows only broad ranges of debts and assets, showed household assets of up to $565,000 in 2000, offset by debt of up to $465,000, including $100,000 in credit-card bills. Four years later, the couple's reported assets had soared to between $6.3 million and $24.9 million, with liabilities of $3.7 million to $13.5 million, mostly mortgages. Mr. Mollohan said his true assets are at the low end of those ranges.

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Wall Street Journal ~ John R. Wilke ** Senior Dem on House Ethics committee under investigation--West Virginia Rep. Mollohan

NRCC Chairman Tom Reynolds Statement on Congressman Alan Mollohan

WASHINGTON - National Republican Congressional Committee (NRCC) Chairman Tom Reynolds reacted to a front page report in The Wall Street Journal:

"Today, I am calling on Alan Mollohan to resign from the House Committee on Standards of Official Conduct.

"It is no wonder that Mr. Mollohan and Democrat leaders have stalled for so long in getting the Ethics Committee up and running.

"I believe it would be prudent at this point for Mr. Mollohan to resign from the Ethics Committee until this investigation is completed."

National Republican Congressional Committee ~ Chairman Tom Reynolds ** Statement

Here is my prediction for the title of the thread discussing this article on Democratic Underground:

"GOP Culture of Curruption Spreads to honest people."