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GOP donation dispute settled [MN 2002 Gov Election]
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| Parent(s) |
Race
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| Contributor | Servo |
| Last Edited | Servo Apr 08, 2004 05:25pm |
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| Category | News |
| Media | Newspaper - St. Paul Pioneer Press |
| News Date | Thursday, April 8, 2004 06:00:00 AM UTC0:0 |
| Description | A Florida insurance company has agreed to pay $1 million to settle criminal charges that it and two of its executives illegally contributed money to a state Republican political campaign last year, prosecutors said Monday.
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The American Bankers case boils down to the company's efforts to influence the 2002 election for governor. In late 2002, American Bankers was fighting a civil disciplinary action by Jim Bernstein, the Minnesota commerce commissioner under former Gov. Jesse Ventura. Bernstein wanted to hit the company with a heavy fine for selling illegal insurance policies and other violations.
American Bankers admitted to state Legislative Auditor Jim Nobles in a separate investigation that it donated money to both the Republican and Democrat-Farmer-Labor parties to help ensure that Independence Party candidate Tim Penny did not win. The company feared Penny would reappoint Bernstein.
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