I guess it is more than just $90K in the freezer, commandeering rescue workers to remove evidence from his home during Katrina and obstruction of justice in his Capitol office. Now a shareholder in the firm from which he solicited bribes is suing him.

A former stockholder in a technology company sued a beleaguered congressman and a former business associate Tuesday, claiming they bilked stockholders by using business funds to pay bribes.

The lawsuit alleges that Rep. William Jefferson, D-La., his wife and Vernon Jackson, former chief executive of the telecommunications firm iGate, schemed to funnel money to Jefferson, his family and foreign officials.

The allegations mirror those in an ongoing federal investigation of Jefferson and his business dealings. Jefferson has not been charged, but the FBI has said in court records that agents found $90,000 in a freezer in his New Orleans home.

As part of that investigation, Jackson, 54, of Louisville, pleaded guilty to paying more than $400,000 in bribes to Jefferson to gain the congressman's help in obtaining business deals in Africa. Jackson was sentenced to seven years in federal prison.

The corrupt practices engaged in by Jefferson and his inside co-conspirator have caused the company to all but cease operations.

Will the Democrats act against this criminal in their midst? Nope – which shows the hollow nature of their “ethics reform”.

Posted by: Greg at 01:03 PM | No Comments | Add Comment
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