The Star Ledger broke a story today. I have said all along that either Sweeney violated ELEC laws willingly, or that he did so believing that he donated to a bona-fide PAC. Sweeney is implying that Lou misrepresented his NACo slush fund, and lied to accumulate well over $80,000 in undeclared income for his failed run for power.
Senate President Stephen Sweeney (D-Gloucester) said he was helping a friend when, three years ago, he donated $6,000 from his campaign kitty to Cumberland County Freeholder Director Lou Magazzu’s bid for second vice president of the National Association of Counties.
Turns out it could cost him a bit more: The Auditor has learned the state’s watchdog agency is investigating whether the donation may have been illegal.
I wonder how many of the attorneys and developers that contributed to Lou’s slush fund were also led into believing they were donating to a legal PAC, and not to Lou’s personbal bank account?
Sweeney, who made the contribution from his Gloucester County freeholder campaign, listed the donation on his reports to the commission. He said Magazzu told him it was legal.
I wonder where Lou is going to get the money to repay Sweeney, seeing as he has not paid his mortgage for a year?