Tuesday, July 23, 2013

Governor McDonnell repays loans and asks for forgiveness

Governor Bob McDonnell

Governor Bob McDonnell

Virginia’s Governor Bob McDonnell announced that he has paid back loans from Star Scientific CEO Jonnie Williams made to his wife and business.

“Being Governor of Virginia is the highest honor of my 37 years in public service,” said McDonnell.

“I am deeply sorry for the embarrassment certain member so my family and I brought upon my beloved Virginia and its citizens. I want you to know I broke no laws and I am committed to regaining your sacred trust and confidence. I hope that today’s action is another step to that end.  Virgnia has never been stronger and I plan to focus on creating even more jobs and facilitating greater opportunity during the last five months of my term as your Governor. Our work together on education, transportation, pension reform, voting rights, and economic expansion has produced great results for Virginia,” said Governor McDonnell.

The repayments include $52,278.17 for a loan made to Mrs. McDonnell in 2011 and $71,837.00 for two additional loans made to the small real estate business owned jointly by the Governor and his sister in 2012. The payments include principal and interest.

All payments came from the Governor, his family business or his family.

Posted By Valerie Garner

Categories: State Politics

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