Meeks amends financial disclosures for "oversight"
Rep. Gregory Meeks (D-N.Y.) has filed an amendment to years worth of financial disclosures, newly revealing $55,000 in personal loans he received.
The loans came to light after the New York Daily News questioned him about another loan which appeared on his annual disclosure form for the first time this year. Meeks listed a personal loan from New York businessman Edul N. Ahmad valued between $50,001 - $100,000. The Daily News reported the loan was for work on his home in Queens.
Meeks' amendment does little to clear up confusion about the two loans. He reveals that they were in the amount of $40,000 and $15,000, but refused to tell the Daily News about their terms or what they were for.
Meeks' disclosure also came under scrutiny from the New York Post. The paper reported Meeks hasn't listed any assets on his forms since selling a $13,000 mutual fund in 2006, although he bought a house the same year for $830,000. Members of Congress are not required to disclose the value of their primary residence on the forms.
Meeks was the subject of a subpoena earlier this year, as federal prosecutors look into allegations of corruption surrounding a charity Meeks set up for Hurricane Katrina victims. The Post has reported that only $1,392 of about $31,000 collected went to Katrina victims.
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