TPMMuckraker

Dem Rep Meeks Failed To Report $50k In Loans

Dem Rep Meeks Failed To Report $50k In Loans

Rep. Gregory Meeks (D-NY) did not report on his personal financial disclosures over $50,000 in loans from a New York businessman that he used to pay for a large home in the Jamaica section of Queens, the Daily News reports.

Meeks, who has been on TPMmuckraker’s radar recently because of a federal probe into his Hurricane Katrina charity, told the News that the loans, for $40,000 in 2007, and $15,000 in 2008, were not reported because of an “oversight.”

But details about the loans, including who lent Meeks the money, are thin.

The News reports:

Meeks refused to disclose the purpose of either loan, but a source familiar with the situation said they were related to construction and renovation of his ornate, $830,000 home in Jamaica.

The existence of the loans emerged Friday, shortly after The News questioned him about another loan he, for the first time, had disclosed.

Released Friday, the form stated that sometime last year, Meeks got a “personal loan” of $50,000 to $100,000 from a Queens businessman named Ed Ahmad.

He also told the paper that a review of his finances showed “I failed to disclose my membership in two nonprofit boards.” We’ve asked Meeks’ office for more details on this, and will let you know when we hear back.

Democrats, Ed Ahmad, Gregory Meeks, New York

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