Meeks, Opponents Respond to Ethics Ruling
In response to the U.S. House of Representative Ethics Committee’s decision to close its investigation into his failure to disclose a questionable loan, Representative Gregory W. Meeks issued the following statement:
“I am pleased with the Ethics Committee’s decision, and I am glad that this matter is now closed. With this matter behind me, and much work yet to be done, I am looking forward to serving my constituents with continued commitment and vigor on the many critical issues that face our district and our nation.”
The two year investigation centered around a $40,000 loan made to Meeks by Edul Ahmad. The 2007 loan, which was not reported by Meeks on the required financial disclosure forms, was made with no interest payments and no repayment schedule.
It was only repaid once the FBI began making inquiries. Ahmad, a Queens real estate agent, recently plead guilty to charges in an unrelated $50 million mortgage-fraud scheme. He faces up to 10 years in federal prison and millions in fines and restitution.
Commenting on the Committee’s decision to end the investigation, Executive Director Melanie Sloan of Citizens for Responsibility and Ethics in Washington issued this statement:
“The House Ethics Committee…has outdone itself with today’s decision. Rep. Meeks’ claim that he unintentionally left a $40,000 loan off of his financial disclosure for three years because he didn’t know he had to disclose liabilities defies credibility, particularly as the form includes instructions.”