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Queens Chronicle

Rep. Gregory Meeks cleared in House Ethics Committee loan probe

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Posted: Thursday, December 20, 2012 1:27 pm

The House Ethics Committee today concluded its investigation into Rep. Gregory Meeks (D-Jamaica) for failure to disclose a loan on his financial disclosure reports. The panel found no evidence that the cash constituted an impermissible gift and it will impose no penalties or sanctions on the lawmaker.

Meeks received the $40,000 loan in 2007 from real estate broker Edul Ahmad, who recently pleaded guilty to mortgage fraud. Meeks had stated that not declaring the loan was an oversight and that he repaid the money and reported it on an amended form.

In its report, the Ethics Committee stated that “inadvertent errors on financial disclosure statements are not uncommon.”

It also concluded that “there is no evidence that Representative Meeks’ failure to disclose the Ahmad loan as a liability on his financial disclosure statements was in bad faith or was knowing or willful.”

“I am pleased with the Ethics Committee’s decision, and I am glad that this matter is now closed," Meeks said in a prepared statement. "With this matter behind me, and much work yet to be done, I am looking forward to serving my constituents with continued commitment and vigor on the many critical issues that face our district and our nation."

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