Government Home loan Mortgage Organization (Freddie Mac computer) Pays Premier Good inside FEC Background
8 mil municipal penalty to repay allegations it violated the fresh Federal Election Promotion Operate (“the latest Work”) and you may FEC laws and regulations, hence ban agencies off to make otherwise facilitating efforts. The fresh new $step three.8 billion civil punishment is the prominent municipal punishment actually ever obtained because of the Percentage in a municipal administration action.
«The results in this amount once more reveals the newest FEC»»s relationship in order to energetic administration out of strategy money law” told you FEC Vice-chairman Robert Lenhard. “It sends a very clear code you to bans into the means to access business or partnership information to make otherwise assists contributions so you can government individuals are not only technicalities and this abuses features real effects.
Anywhere between 2000 and 2003, Freddie Mac computer utilized corporate resources in order to support 85 fundraising occurrences one to elevated just as much as $step one.seven billion to have government individuals. (далее…)