Sen. Menendez Dips Deep Into His Assets to Repay Donor

Wednesday, 06 Feb 2013 11:47 AM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
New Jersey Sen. Robert Menendez' decision last month to repay $58,500 to one of his top political donors for free plane flights has put a major dent into his net worth.

That sum accounts for between 32 percent and 87 percent of the money he held in banks accounts and stocks as of last year, according to his financial disclosure form, the National Journal reports.

Menendez paid back the contributor, Florida eye doctor Salomon Melgen, Jan. 4 for two private plane flights to the Dominican Republic. But the reimbursement didn't come until after the affair was made public.

A New Jersey Republican group filed a complaint in November, accusing Menendez of breaking Senate rules by "repeatedly flying on a private jet to the Dominican Republic and other locations."

Good government advocates weren't too impressed with Menendez' repayment to Melgen.

"He waited until he was caught to pay them back," Melanie Sloan, executive director of Citizens for Responsibility and Ethics, told the Journal. "If you rob a bank — and you're caught  — you don't say, 'Take the money back and forget about it.'"




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

ESPN Suspends Smith Over Domestic-Violence Remarks

Tuesday, 29 Jul 2014 22:19 PM

Walt Disney Co.'s ESPN sports network suspended commentator Stephen A. Smith for a week over remarks he made about domes . . .

Sheriffs: Border Crisis Hits South Texas Especially Hard

Tuesday, 29 Jul 2014 20:50 PM

The immigration border crisis is hitting southern Texas law enforcement particularly hard, straining resources and infli . . .

MSNBC Drops From Second to Fourth Place in Cable News

Tuesday, 29 Jul 2014 20:46 PM

MSNBC lost its second-place cable news position in July, falling to fourth place overall in the key demographic, behind  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved