Former GOP Congressman and Obama Transportation Secretary Ray LaHood, in Financial Bind, Accepted, But Did Not Report, $50,000 Loan from Foreign National

Here is what the U.S. Attorney in the District of Columbia reports in a press release:

From Chicago Tribune article.

In a separate and unrelated matter, Ray LaHood, 75, who served as U.S. Secretary of Transportation from 2009 to 2013, paid a $40,000 fine to resolve a federal criminal investigation into LaHood’s conduct related to a $50,000 financial transaction between LaHood and [Lebanese-Nigerian billionaire Gilbert] Baaklini in June 2012 [while Barack Obama’s Transportation Secretary].

LaHood, who at the time was suffering “significant financial difficulties in part due to problems from home remediation and sought funds to conduct home repairs.”

He admitted that in 2012 he accepted a $50,000 personal check from Baaklini – with the word “Loan” written in the check’s memo portion – and understood at the time that the money came from Chagoury. LaHood failed to disclose the $50,000 check on two government ethics forms as required because LaHood did not want to be associated with Chagoury.

Later, LaHood also made misleading statements to FBI agents investigating Chagoury about the check and its source.

As part of his non-prosecution agreement signed in December 2019, LaHood also agreed to cooperate with the government’s investigation and repaid the $50,000 to Baaklini.


Comments

Former GOP Congressman and Obama Transportation Secretary Ray LaHood, in Financial Bind, Accepted, But Did Not Report, $50,000 Loan from Foreign National — 7 Comments

  1. Wiki: A member of the Republican Party, he previously served in the Illinois House of Representatives and United States House of Representatives.

  2. So he lied to the FBI and all he got was a fine?

    Martha Stewart got jail.

    Roger Stone got Swat teams, helicopters, Frogmen and jail.

    Wow, what a crooked Government we have.

    Wait for a conviction until the right color President gets in.

  3. That guy worked in the Barak Hussein Obama regime.

    Not a very good history.

    There are a number from that regime now working for the doofus, dimwit, senile, plagiarist, accused rapist, Biden.

  4. Another sickening Congresswhore.

    What about his AIPAC “funding” when he was a Congresswhore?

    Someday whores like hood LaHood will be brought to real justice.

  5. His son Darrin LaHood is the least memorable Republican that Illinois has in congress.

    He’s just sorta… there, like Randy Hultgren was.

  6. Confederate and Correcting, they are cuckservatives. McConchie is another.

  7. I know he’s a ‘Republican’, sorta, but with his time in the Obama administration, shouldn’t he receive the same treatment as Democrats and other Swamp creatures.

    Maybe someone hasn’t noticed that he’s ‘on the inside’ and, therefore, deserves ‘special treatment.’

    It’s almost as though they’re treating him like one of us ‘Little People’ who have no expectation of insider protection at all.

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